Letter from Landlord to Tenant Returning security deposit less deductions - New Mexico 2025

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Frequently Asked Questions (FAQ) Type your letter. Concisely review the main facts. Be polite. Write with your goal in mind. Ask for exactly what you want. Set a deadline. End the letter by stating you will promptly pursue legal remedies if the other party does not meet your demand. Make and keep copies.
What to Include in a Security Deposit Demand Letter the address of your rental and the dates you rented from. how much you paid for a security deposit. why you are entitled to a return of a portion or all of the deposit. the state laws that require a return of the deposit in a timely manner.
I am writing to formally request the immediate return of my $[Amount] security deposit for the property at [Rental Property Address], which I vacated on [Move-Out Date]. Under the terms of our lease and state law [Cite specific state statute if applicable], you are now past the deadline for returning security deposits.
State the purpose of the letter upfront. Provide a concise summary of the issue and circumstances that led to the need for a refund. Explain why you believe you are entitled to a refund, citing any policies, procedures, or previous communications from the bank that support your request.
Start by addressing the tenant by name and stating the purpose of the letter. Include details about the amount of the security deposit and when it needs to be paid. If returning the full deposit, state that straightforwardly, express any well wishes for the future, and include a check for the refund.
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How to write a security deposit return letter Landlords name and contact information. Tenants name and contact information. Date of the letter. Amount of security deposit being returned to the tenant. Breakdown of any deductions made from the security deposit, including an explanation for each deduction.
Upon termination of the tenancy, landlords may deduct from the security deposit any remaining rent that is due and the cost of repairs for damages caused by the tenant.

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