Landlord Tenant Closing Statement to Reconcile Security Deposit - Massachusetts 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 information is crucial for identifying the parties involved.
  3. Fill in the tenant's information, including names, forwarding address, and new phone number. This ensures that all communication regarding the security deposit is directed appropriately.
  4. Next, input the security deposit amount paid and any other deposits or rent credits applicable. This section summarizes financial transactions related to the lease.
  5. Detail any charges against the deposit, such as cleaning charges or damage repairs. Be specific about each charge to maintain transparency.
  6. Calculate total charges and determine amounts due to both tenant and landlord. Ensure accuracy in these calculations to avoid disputes.
  7. Finally, sign and date the document before delivering it to the tenant. Use our platform’s signature feature for a seamless signing experience.

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After you move out, your landlord can only use your security deposit to repair damages you or your guests caused or to pay unpaid rent. Landlords are not allowed to use the security deposit for routine painting, cleaning, or small repairs.
(i) Application Form for request for refund, duly signed by the registered consumer. (Format of Application Form is given in Annexure). (ii) In case of company, Resolution by the Board of Directors for surrender of the connection and refund of security deposit.
The California Civil Code Section 1950.5 outlines these requirements: 21-Day Rule: Landlords have 21 days from the date the tenant vacates the property to return the security deposit or provide an itemized statement of deductions. If there are no deductions, the full deposit must be returned within this timeframe.
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.
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.
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A landlord must return a tenants security deposit and any interest, minus any portion that was rightfully subtracted, within 30 days after the tenant moves out. Security deposits, MassLandlords.net. MassLandlords is a landlord trade association for Massachusetts.
Security deposits should be listed on a closing statement as a credit to the Buyer. This represents the buyer receiving the funds back as they fulfill their contractual obligations.

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