Conflicts between landlords and tenants over security deposits can get ugly, if there is no legal involvement. I have seen one such case myself. So, I can tell you what happens if landlord does not return deposit within 21 days. The tenant can sue the landlord legally in some cases.
What Happens If Landlord Doesn t Return Deposit in 30 Days?
After the lease expires, landlords are required to return the security deposit. If the security deposit isn't returned to the tenants within the allotted time, they can sue the landlord legally. The landlord may be charged with cheating in a criminal capacity. In addition, if the security deposit reimbursement is rejected, a police report may be made.
Tenants in India have the following options if the owner does not repay the security deposit:
Request the return of the security deposit from the owner by sending a formal notice.
Consult a civil attorney and consult the Model Tenancy Act for additional information. If the rules suggested in the act have been breached, a court case to resolve the injustice can ensue.
Gather any required documents, including the lease, the security deposit receipt, and any evidence of damage to the rented property.
As an alternative, the parties may choose to settle their differences through arbitration, out-of-court settlement, reconciliation, and other ADR (Alternative Dispute Resolution) techniques.
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What Happens If Landlord Does Not Return Deposit Within 21 Days?
Gokul
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March 20, 2024
2024-03-20T12:13:05+00:00 2024-03-20T12:13:06+00:00Comment
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