Landlord Tenant Closing Statement to Reconcile Security Deposit - Tennessee 2026

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  1. Click ‘Get Form’ to open the Landlord Tenant Closing Statement in the editor.
  2. Begin by entering the Landlord's name and the leased premises address at the top of the form. This establishes who is involved in the agreement.
  3. Fill in tenant information, including names, forwarding address, and new phone number. This ensures that all parties can be contacted regarding the security deposit.
  4. Input the security deposit amount paid, along with any other deposits or rent credits. This section summarizes financial contributions made by the tenant.
  5. List any charges against the deposit, such as cleaning charges or damage repairs. Be specific to maintain transparency.
  6. Calculate total charges and determine amounts due to both tenant and landlord. Ensure accuracy for a smooth reconciliation process.
  7. Finally, have the landlord or representative sign and date the document before delivering it to the tenant. This finalizes the statement.

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Tennessee landlords must return the tenants security deposit, or the part left, after appropriate deductions within 30 days from the tenant leaving or 60 days when the landlord never receives a response to get the refund.
(a) All landlords of residential property requiring security deposits prior to occupancy are required to deposit all tenants security deposits in an account used only for that purpose, in any bank or other lending institution subject to regulation by the state or any agency of the United States government.
Landlord may dispose of property in any manner following 30 days and apply any proceeds to unpaid rents, damages, storage fees, sale costs and attorneys fees.
A Clear Timeline for Returns In Tennessee, landlords generally have 30 days after a tenant leaves to return the security deposit or provide an itemized list of deductions.
Tell the scheme if the landlord or agent do not reply or refund your deposit within 10 days of you writing to ask for it back. The scheme will contact your landlord. They will tell them to pay the money into an account until the dispute is resolved and offer dispute resolution to you both.

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People also ask

At the end of your tenancy Your landlord must return your deposit within 10 days of you both agreeing how much youll get back. If youre in a dispute with your landlord, then your deposit will be protected in the TDP scheme until the issue is sorted out.
Returning Deposits Tennessee landlords must return the tenants security deposit, or the part left, after appropriate deductions within 30 days from the tenant leaving or 60 days when the landlord never receives a response to get the refund.

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