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17 August, 11:21

After a tenant gave notice and vacated an apartment, the landlord discovered substantial damage to the unit. No time was set in the lease specifying the length of time the landlord had to account or refund the security deposit after deductions. Which of the following is an appropriate action by the landlord?

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  1. 17 August, 12:22
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    Return any excess deposit after subtracting the damages

    Explanation:

    Tenants usually give advantage deposit as insurance for damages to the landlords. In this situation the best and the most appropriate option for the landlord is to record all the damages, and write it down. The landlord should subtract the damage amount from the overall deposit and return the remaining deposit.
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