46% of Kansas City's housing market is made up of renters. As a tenant or a landlord, it's important to know everything you can about security deposits.
Security deposits exist to help ensure the property is covered if there is any damage to it. They are also used for issues such as eviction or unpaid rent.
Read on to find out the top three things you need to know about security deposits in Kansas City.
1. How Small Amounts of Unintentional Weathering Will Affect a Security Deposit
Homes tend to suffer some forms of damage regardless of whether you cause them or not. Old appliances can simply break or wallpaper and paint chips can just happen.
A landlord is only allowed to keep a tenant's security deposit if the damage caused was due to the tenant being negligent or reckless. This could include throwing large-scale parties or smoking in the home.
Issues may arise when there is trouble proving if a tenant caused the damage or if it was just wear-and-tear. However, as long as the tenant has maintained the property to the best standard they can and has treated it with respect, this can usually be resolved easily.
2. Security Deposits if a Pet is Involved
Pets are the best company these days, so it isn't uncommon for new tenants to want to bring their pets into their new residence.
However, pets can cause unintentional damage to properties. That's why a landlord may ask for an additional security deposit if a tenant chooses to bring their pet to move in with them. The landlord should also be informed if a tenant is getting a pet after they move in.
What the extra security deposit will cost comes down to the landlord. It is normally set at one-half month's rent, but this is subject to change.
If the animal involved is an assistance animal, the tenant is not required to pay any additional security deposit. A landlord is not allowed to charge anything extra for the assistance animal to live in their home.
3. When and Why Can a Landlord Keep a Security Deposit
A landlord won't ask for a security deposit for no reason. Sometimes, they do have a right to keep it. Knowing what these rights are helps both a tenant and a landlord be prepared if this situation arises.
Aside from the damage mentioned above, landlords can keep a security deposit if the tenant violates any agreed rules in their lease. This could include if a tenant decides to leave the premises before the agreed lease termination date.
If a tenant has maintained the property and not violated their lease when it comes to an end, a Kansas City landlord must return their deposit within fourteen days of moving out. This is part of Kansas City property management rules.
Kansas City Security Deposits Are There For Both Your Protection and Your Landlords
Security deposits allow both tenants and landlords to have just what they promise: security. They ensure the property is well maintained and that damage is covered.
For more information on the Kansas City security deposits, check out this page. You can contact the friendly customer service team if you have any questions.
