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Wyoming SECURITY DEPOSITS
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Any
rental agreement shall state whether any portion of
a deposit is nonrefundable and written notice of
this fact shall also be provided to the renter at
the time the deposit is taken by the owner or his
designated agent.
Deposits are kept as a guarantee the tenant will pay
the rent and not damage the apartment.
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LIMITS:
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State laws place no limit
on the amount landlords can charge for security
deposits. When you give the landlord a deposit,
be sure to get AND keep the receipt EVEN if you give
the landlord a check or money order. The amount you
give should also be on the lease. Verify the correct
is on the lease.
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INTEREST ON SECURITY DEPOSIT
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Interest in Security Deposits are not required under
state law.
However, some cities
may have enacted their own laws with respect to
this.
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RETURN OF THE SECURITY DEPOSIT
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The
balance of any deposit and prepaid rent and a
written itemization of any deductions from the
deposit together with reasons, shall be delivered or
mailed without
interest
to the renter within thirty (30) days after
termination of the rental agreement or within
fifteen (15) days after receipt of the renter's new
mailing address, whichever is later.
If there is damage to the residential rental unit,
this period shall be extended by thirty (30) days.
The renter shall within thirty (30) days of
termination of the rental agreement, notify the
owner or designated agent of the location where
payment and notice may be made or mailed. GIVE
YOUR OLD LANDLORD YOUR NEW MAILING ADDRESS OR YOU
MAY LOSE SOME RIGHTS.
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FAILURE TO RETURN THE SECURITY DEPOSIT
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Notify the landlord, in writing, of their failure to
return the deposit.
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If
the owner of a residential rental unit or his agent
unreasonably fails to comply in returning the
deposit, the renter may recover the full deposit and
court costs.
If
the owner is the prevailing party and the court
finds the renter acted unreasonably in bringing the
action, the owner may be awarded court costs in
addition to any other relief available.
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