What must a landlord provide when deducting from the security deposit?

Study for the South Carolina Property Management License Exam. Access flashcards and multiple-choice questions with comprehensive hints and explanations. Prepare effectively for your certification!

When a landlord deducts from a security deposit, providing an itemization of the deductions in writing is essential. This requirement ensures transparency and accountability in the financial transaction between the landlord and tenant. The written itemization details the specific charges being deducted, such as repairs or cleaning costs, and often includes the amounts associated with each item. This practice helps clarify what the deductions are for and prevents disputes regarding how the security deposit is handled.

Written documentation also serves as a record for both parties, reflecting an accurate account of the state of the property and any issues that warranted deductions. This practice is part of the legal obligations set forth in landlord-tenant laws, which aim to protect the rights of tenants while allowing landlords to recover legitimate costs associated with the condition of the rental unit at the time of move-out.

Providing only verbal explanations or lacking a structured timeline could lead to misunderstandings and possible legal disputes. Thus, the requirement for a written itemization is crucial in maintaining fair practices in property management.

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