The Security Deposit Return Form is a crucial document used in Hong Kong's property rental market to formalize the return of security deposits at the end of a tenancy. It is designed to comply with Hong Kong's property laws, particularly the Landlord and Tenant (Consolidation) Ordinance, and serves as an official record of the deposit return process. This document should be used when a lease agreement is terminating and the security deposit needs to be returned to the tenant. It includes critical information such as property details, original deposit amount, any deductions made (with justifications), final return amount, and signatures of both parties. The form helps prevent disputes by clearly documenting the deposit return process and providing transparency in any deductions made from the original deposit amount.
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1. Property and Party Details: Identification of the property address, landlord and tenant names, and contact information
2. Lease Reference: Details of the original lease agreement including date and reference number
3. Original Deposit Amount: Statement of the initial security deposit paid and date of payment
4. Property Inspection Results: Summary of final property inspection findings
5. Deduction Details: Itemized list of any deductions from the deposit with reasons
6. Final Return Amount: Clear statement of the final amount to be returned
7. Payment Method: Details of how the deposit will be returned (bank transfer, check, etc.)
8. Signatures and Date: Space for both parties to sign and date the form
1. Dispute Resolution Statement: Include when there are outstanding disagreements about deductions or return amount
2. Partial Return Declaration: Used when only a portion of the deposit is being returned with future returns pending
3. Third Party Payment Authorization: Include when the deposit is to be returned to someone other than the original tenant
4. Outstanding Utilities Statement: Include when there are pending utility bills that may affect final settlement
5. Forwarding Address: Include when tenant is providing a new address for future correspondence
1. Schedule A - Deduction Breakdown: Detailed itemization of all deductions with supporting calculations
2. Schedule B - Property Condition Report: Comparative analysis of property condition at start and end of tenancy
3. Schedule C - Photo Evidence: Dated photographs documenting any damage or issues affecting deposit return
4. Schedule D - Receipts and Invoices: Copies of receipts for repairs or replacements justifying deductions
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