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Security Deposit Demand Letter I have heard one too many times of a landlord wanting to keep someone's security deposit. By law, if you haven't ruined anything at the unit, you're ...
If you’re moving out of a rental apartment, chances are you’ll receive a security deposit refund letter from your landlord. A security deposit is an important part of your responsibilities as ...
You can write a demand letter requesting that the security deposit be returned, and a possible offer to enter an out-of-court settlement in order to avoid litigation, with a forwarding address ...
Under Sections 9-312 and 9-314 of the NY UCC, perfection of a security interest in a letter-of-credit right requires “control” and is further governed by Section 9-107 of the NY UCC.
In light of the recent turmoil in the banking market, it is a good time for landlords to do some spring cleaning and review any letters of credit being held as lease security.