Arizona Landlord Tenant Closing Statement to Reconcile Security Deposit 2025

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Most of your acquisition costs when acquiring a rental property are going to show up in the real estate closing statement. The closing statement is a financial instrument, not a tax document. You need to go through each line item in the statement and assign it to one of the three following tax categories: 1. Basis.
If you decide to proceed, take the following steps: Find out which small claims court to use. Fill out the complaint or petition. Go to the court to file your complaint, and pay the filing fee. Make copies of the complaint, keeping one for yourself. Serve the papers. Wait for the defendant to serve you with an answer.
Along with the return of the deposit, landlords must also include an itemized list of any deductions made for damages, unpaid rent, or other allowable reasons.
What if I disagree with the deductions from my security deposit? If you dispute the landlords security deposit deductions or the amount the landlord claims they owe you, you must notify the landlord in writing within 60 days.
You must dispute the charges within 60 days from when the landlord mailed out the itemization list. Otherwise, pursuant to A.R.S. 33-1321(D) the amount returned to you, as well as the landlords claims against you, will be deemed valid and final.

People also ask

33-1321 - Security deposits. A. A landlord shall not demand or receive security, however denominated, including prepaid rent in an amount or value of more than one and one-half months rent. This subsection does not prohibit a tenant from voluntarily paying more than one and one-half months rent in advance.
If you cant agree about some or all of your deposit, you might have to take your landlord to the small claims court to get your money back. Youll usually have to pay some court costs to go to small claims court but you should get them back if you win your case.

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