Close the deposit with a security deposit return letter template for landlords and property managers. Collect the tenant names, forwarding address, move-out inspection, itemized deductions, invoices or estimates, the refund amount, and proof of when you mailed the check or sent the itemization. Deadlines, allowed deductions, and whether interest is due are state-specific—and missing the deadline can trigger penalties. This is not legal advice. Confirm current deposit statutes before you withhold funds or mail the letter.

Include last-month rent if it was collected separately.
From the termination letter or move-out form.
Support each damage line.
Unpaid rent, repairs, and other charges the statute allows.
Attach when required or when charges are disputed.
Zero refund still needs a timely itemization in many states.
Some cities require interest on held deposits.
Certified mail or tracked delivery is common practice.