Form Itemized Disposition – Fill Out and Use This PDF

The Itemized Disposition of Security Deposit form serves as a critical document that outlines how a landlord or property manager has allocated a tenant's security deposit, specifically under the guidelines of Civil Code Section 1950.5. It encompasses estimated or final charges deducted for repair, cleaning, replacement, default in rent, and returns the balance to the owner or resident as warranted. The form mandates a detailed account of such deductions and urges former residents to update new addresses to ensure proper closure of the property management transaction. A timely and accurate completion of this form avoids potential misunderstandings and facilitates a smoother transition for both parties involved.

To ensure compliance and uphold tenant rights, click the button below to carefully fill out the Itemized Disposition form.

Get Form Now Download PDF

Form Itemized Disposition PDF Details

When a tenant's stay at a property comes to an end, the process of accounting for the security deposit begins, a practice governed by Civil Code Section 1950.5. This is where the Itemized Disposition of Security Deposit form plays a crucial role, providing a clear, structured way for landlords to communicate with former residents about the handling of their security deposits. It details whether deductions have been made for repairs, cleaning, replacement needs, or unpaid rent. The form, approved by the California Apartment Association, mandates the disclosure of both estimated and final charges, ensuring transparency in the post-tenancy phase. On one side, it demands from landlords a breakdown of work performed, whether by themselves or external service providers, including descriptions of the work, the associated costs, and relevant back-up documentation. On the flip side, it touches on the tenant's responsibility, such as providing a new address for the return of any balance due. Moreover, it advises on the consequence of defaulting on rent, hinting at the possible submission of a negative credit report to credit agencies. This well-structured document serves as a bridge between the landlord and tenant, aiming to settle any financial matters related to the security deposit fairly and transparently, thus concluding the rental agreement on a clear note.

Question	Answer
Form Name	Form Itemized Disposition
Form Length	2 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	30 sec
Other names	deposit deposition form, letter of security deposit, rental deposit return form california, security disposition form

Form Preview Example

Estimated

Final

ITEMIZED DISPOSITION OF SECURITY DEPOSIT

Pursuant to Civil Code Section 1950.5, on					(date), Owner/Agent hereby furnishes the following statement of security
deposit monies to former Resident(s):

(Name(s))
for the premises vacated on			and located at:				, Unit # (if applicable)
						(Street Address)
		, CA
	(City)			(Zip)

Amount

Total Charges Incurred and Deducted for Repairs, Cleaning and/or Replacement (see itemization on back of form)

Default in Rent (explain below)

Send Balance Due to Owner to:

Name:

Address:

City, State Zip:

A negative credit report reflecting on your credit history may be submitted to a credit agency if you fail to fulfill the terms of your credit obligations.

Former Resident’s New Address

Address:

City:

State:

Zip:

Total Charges			$

Total Security
Deposit Received			$

Balance Due Owner			$
Please Remit Immediately

Balance Due Resident			$
Paid by Check Number
Paid by Electronic Funds Transfer to:
	________	_____________(Accountholder Name)

__	__________________(Name of Bank)

Date	Owner/Agent

California Apartment Association Approved Form

www.caanet.org

Page 1 of 2

Summary of Estimated or Actual Charges Incurred and Deducted For Repairs, Cleaning and/or Replacement*

1.	Description of work performed by Owner/Agent or Employee of Owner/Agent:	Hourly Rate x Time = Amount
			x		hr(s) = $
			x		hr(s) = $
			x		hr(s) = $


2.	Description of work performed by other person or entity. Name, address, and
	telephone number of the person or entity is provided below if not on bill, invoice,			Receipt(s) Attached**
	or receipt:

		$

		$

		$

3.	Description of deductions for materials and supplies:	Bill, Invoice, Receipt, Vendor Price List
		or Other Vendor Document Attached**
		or Other Vendor Document Attached**

		$

		$

4.	Description of repairs to be done by Owner/Agent or Employee of Owner/Agent	Estimate of charges
	that are not completed within 21 calendar days. Final documentation/receipts	(i.e., labor/materials/supplies)
	will be mailed within 14 days of completion:**

		$

		$

		$

5.	Description of services, materials, and supplies from other person or entity from	Estimate of charges
	whom documentation has not yet been received. Name, address, and telephone	(i.e., labor/materials/supplies)
	number of the person or entity is provided below. Final documentation/receipts
	will be mailed within 14 days of receipt by Owner/Agent:**

		$

		$

		$

Total (enter this total in the column to the right and also on page one)

*Civil Code Section 1950.5(b) allows deductions from the security deposit for: (1) the compensation of a landlord for a tenant's default in the payment of rent. (2) The repair of damages to the premises, exclusive of ordinary wear and tear, caused by the tenant or by a guest or licensee of the tenant. (3) The cleaning of the premises upon termination of the tenancy necessary to return the unit to the same level of cleanliness it was in at the inception of the tenancy. (4) To remedy future defaults by the tenant in any obligation under the rental agreement to restore, replace, or return personal property or appurtenances, exclusive of ordinary wear and tear, if the security deposit is authorized to be applied thereto by the rental agreement.

**The Owner/Agent is not required to provide receipts or other documentation if (1) the total deductions for repairs, cleaning, and replacement do not exceed $125, or (2) the Resident has effectively waived the right to documentation.

Total Deductions for Repairs, Cleaning and Replacement Do Not Exceed $125.

Resident has Waived the Right to Documentation.

California Apartment Association Approved Form

www.caanet.org

Page 2 of 2

How to Edit Form Itemized Disposition Online for Free

When you wish to fill out disposition of deposit form, you won't need to download and install any kind of software - simply give a try to our PDF tool. The editor is continually maintained by our staff, getting useful functions and becoming much more convenient. With a few easy steps, it is possible to start your PDF journey:

Step 1: First of all, open the pdf tool by pressing the "Get Form Button" at the top of this site.

Step 2: The tool enables you to customize your PDF in a variety of ways. Change it with customized text, adjust what is already in the PDF, and add a signature - all within a few mouse clicks!

This PDF form will need specific information; to guarantee accuracy, be sure to adhere to the suggestions below:

1. First, when filling in the disposition of deposit form, start in the page containing following fields:

security deposit form california completion process outlined (part 1)

2. Once your current task is complete, take the next step – fill out all of these fields - Send Balance Due to Owner to, Name, Address, City State Zip, Total Charges, Total Security, Deposit Received, A negative credit report, Address, City State Zip, Former Residents New Address, Balance Due Owner Please Remit, Balance Due Resident, Paid by Check Number, and Paid by Electronic Funds Transfer with their corresponding information. Make sure to double check that everything has been entered correctly before continuing!

Step no. 2 of filling out security deposit form california

3. Your next part will be simple - fill out all of the blanks in Accountholder Name Name of Bank, OwnerAgent, California Apartment Association, and Date to complete this process.

How one can prepare security deposit form california portion 3

4. The next paragraph requires your involvement in the following parts: Description of work performed by, Hourly Rate x Time Amount, Description of work performed by, Description of deductions for, hrs, hrs, Receipts Attached, Bill Invoice Receipt Vendor Price, Description of repairs to be done, and Estimate of charges ie. Be sure you fill in all required information to move further.

Filling in segment 4 in security deposit form california

Always be very mindful when filling in hrs and Description of work performed by, as this is the part where many people make some mistakes.

5. Finally, this final portion is precisely what you have to complete prior to using the PDF. The fields under consideration are the next: Description of services materials, Estimate of charges ie, Total enter this total in the, and Civil Code Section b allows.

Estimate of charges ie, Description of services materials, and Total enter this total in the in security deposit form california

Step 3: Before finishing your document, make certain that all form fields were filled in the correct way. As soon as you’re satisfied with it, click “Done." Sign up with us right now and instantly gain access to disposition of deposit form, ready for downloading. All alterations made by you are preserved , meaning you can change the pdf later if needed. FormsPal guarantees safe form editing devoid of data recording or distributing. Be assured that your information is in good hands with us!

Form Itemized Disposition – Fill Out and Use This PDF

Form Itemized Disposition PDF Details

Form Preview Example

How to Edit Form Itemized Disposition Online for Free

Form Itemized Disposition isn’t the one you’re looking for?

Related Documents