ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Security Deposit Drama? Your Landlord Does Not Want You to Know This

Feeling ripped off by your landlord over your security deposit? This TikTok trick could save you hundreds and get all your money back every time.
PUBLISHED MAY 15, 2024
Cover Image Source: @vetted.ai |TikTok
Cover Image Source: @vetted.ai |TikTok

Have any of you ever had your landlord attempt to retain your security deposit after you moved out of an apartment? It can be annoying, particularly if you thought you left the home in good shape. Well, stop worrying. There's a smart tip in a new Vetted.ai TikTok video that can help you get your money back every time. A dramatic scene plays at the beginning of the video: someone is moving out of their flat, and today is their last day. They request that their security deposit—a sum of money paid up ahead to cover any potential losses during their stay—be returned by their landlord. But the landlord refuses, claiming the tenant caused a lot of damage and they are keeping the entire deposit to cover the repair costs.

Image Source: @vetted.ai |TikTok
Image Source: @vetted.ai |TikTok

Things start to become intriguing at this point. The tenant refuses to give up. Asking for a report outlining the damages and receipts for the repairs, they interrogate the landlord. The salient point is this: the video clarifies that tenant rules prohibit the landlord from withholding the security deposit on the grounds of purported pre-existing damage if they did not complete a "move-in inspection report" before the tenant's move-in. The tenant also emphasizes that typical wear and tear—such as little wall scratches—shouldn't be considered damage. The landlord is forced to concede and restore the security deposit after learning this. In the closing moments of the film, the renter divulges their hidden weapon: insight from watching Vetted.ai, a content provider recognized for offering money-saving hacks.

There's a solid reason why this little video became popular on TikTok. It gives tenants important knowledge about their rights and protects them from being taken advantage of by landlords. The video has received overwhelmingly positive feedback from users. Numerous viewers related their encounters with landlords attempting to withhold security deposits for illogical reasons. Others expressed their gratitude to Vetted.ai for the useful insight and pledged to heed their guidance going forward. Some viewers even offered more advice such as filming and photographing the unit to record its condition during the move-in inspection.

Image Source: @vetted.ai |TikTok
Image Source: @vetted.ai |TikTok

"My landlord is charging me for a crack in the bathroom countertop that I mentioned was there in my move-in checklist," said Marie after watching the video.

Image Source: @vetted.ai |TikTok
Image Source: @vetted.ai |TikTok

Thus, keep this tip in mind the next time you move out of an apartment. Be firm and insist on documentation of damage if your landlord attempts to deduct your security deposit for irrational reasons and you didn't have a move-in inspection. Here are some more pointers for handling this circumstance:

Be ready by recording the condition of the entire flat with photos and videos before you move out. If your landlord tries to argue that there is damage that wasn't there before, this will be useful proof.

Ask for a move-out inspection: In a lot of places, landlords are required to perform an inspection when the tenant is not there. You have the chance to draw attention to any prior harm that the landlord could be trying to blame you. 

Recognize your rights: Learn about the state's legislation about tenants. This will make it clearer to you what deductions from your security deposit your landlord is permitted to make under the law.

Never be afraid to bargain: Try to work out a deal with your landlord if they're attempting to withhold a portion of your security deposit explaining why you think the deductions are unfair and be forceful.

As a last resort as it can be a costly and time-consuming procedure, consider filing a lawsuit to recover your security deposit if you and your landlord are unable to come to an arrangement.


@vetted.ai Your LANDLORD does NOT want you to know this! 😡 — it’s against the law to keep the security deposit WITHOUT a move in checklist, know your rights people! #vettedai #vetted #savingshack #budgethacks #savingstips #landlordproblems #landlordsfromhell #landlordproblem #rentalhacks ♬ Monkeys Spinning Monkeys - Kevin MacLeod & Kevin The Monkey

 

Follow vetted.ai on TikTok for more such money-saving tips and hacks. 

MORE ON MARKET REALIST
While the ownership rate rebounded after years of decline, millennials still feel cost is a hurdle.
20 hours ago
TrumpRx costs may be as much as 80% less than normal listings, though actual savings may differ.
1 day ago
The Amazon boss laid off a third of The Washington Post employees, including reporters on duty.
1 day ago
Members are now required to scan their membership cards simply to get inside a Costco store.
1 day ago
Natalie's younger daughter Bailey couldn't hold back her tears after her mother won a grand total of $63,990.
1 day ago
It seemed at one point that the contestant might have missed her chance to win big.
1 day ago
The FDA recently slapped a Class-II warning label on the product, which was sold by the thousands.
1 day ago
The city's law dictates that all businesses using such surveillance tech must make it public.
1 day ago
"I mean, if he came in and said, 'I want to raise them' ... he would not have gotten the job," Trump emphasized on Warsh's role.
2 days ago
He also claimed that such billionaires pay their taxes and give their wealth back to the community.
2 days ago
"Best sliced aged white cheddar in the market that’s farmer-owned and uses zero hormones, zero RBSt, and zero GMO in dairy," a user wrote.
2 days ago
Griffin expressed unease over alleged favoritism, saying that CEOs find it repulsive that the government interacts with corporate America.
2 days ago
"Daniel solved the "bear hug" and continued hugging people, even hugging a car! He was a spectacular sight today," a fan reacted.
2 days ago
While the official website says contributions could grow over $1 million, the details are unclear.
2 days ago
Fans of the show loved what Jennings had discovered and made their feelings known.
2 days ago
The contestant took the advice of her man, who was in the studio audience.
2 days ago
Under this scheme, home buyers will have three years to pay the down payment.
2 days ago
The labeling error meant that the bottles did not show a lot number and expiration date.
3 days ago
The achievement puts the retailer in a list dominated by tech companies.
3 days ago
Sankar pointed out that there an incredible amount of fear around the AI boom.
3 days ago