SECURITY DEPOSIT ITEMIZATION AND RETURN LETTER

(State of Alaska – Residential Tenancy)

[// GUIDANCE: This template is drafted to satisfy the Alaska Uniform Residential Landlord and Tenant Act, including Alaska Stat. § 34.03.070. Customize all bracketed fields, revise the factual statements, attach supporting invoices/receipts, and enclose the refund check (if any) before delivery. Send by a trackable method and retain proof of mailing.]

I. DOCUMENT HEADER

1. Parties
   a. Landlord: [LANDLORD LEGAL NAME], a [state] [entity type] having a principal place of business at [LANDLORD ADDRESS] (“Landlord”).
   b. Tenant(s): [TENANT FULL NAME(S)], formerly occupying the Premises defined below (“Tenant”).

2. Property (the “Premises”)
   [STREET ADDRESS, CITY, AK ZIP]

3. Lease & Deposit Information
   a. Original Lease Date: [LEASE DATE]
   b. Lease Term End / Surrender Date: [MOVE-OUT DATE]
   c. Security Deposit Received: $[AMOUNT] on [DATE PAID]

4. Statutory Authority & Purpose
   This letter constitutes Landlord’s written itemization and accounting of the Security Deposit as required by Alaska Stat. § 34.03.070 and is delivered within the statutory thirty-day period applicable where deductions are taken.

5. Effective Date
   [DATE OF LETTER]

II. DEFINITIONS

For purposes of this Itemization Letter:

“Agreement” means the written Residential Lease between Landlord and Tenant dated [LEASE DATE].

“Normal Wear and Tear” means deterioration that occurs without negligence, carelessness, accident, or abuse of the Premises by Tenant, as distinguished from damage.

“Security Deposit” means all sums identified in § 3(c) above, including any pet/cleaning deposits held under the Agreement.

III. OPERATIVE PROVISIONS

1. Move-Out Inspection
   Landlord conducted a move-out inspection on [INSPECTION DATE] in the presence of [INSPECTING PARTIES]. Photographs and video documenting the condition of the Premises were taken and are available upon reasonable request.

2. Itemization of Deductions
   Landlord has applied portions of the Security Deposit toward the costs listed below, none of which constitute Normal Wear and Tear. Supporting documentation is attached.

*Statutory categories: (1) Rent/fees; (2) Damages/cleaning beyond Normal Wear and Tear; (3) Tenant-caused utility/other charges.

3. Deposit Reconciliation

[IF Tenant Owes Balance]
| | Amount (USD) |
|---|--------------|
| Total Security Deposit Held | $[ ] |
| Less: Subtotal Deductions | ($[ ]) |
| | Balance Owing from Tenant | $[ ] |

4. Payment Method
   [ ] Check #[ ] in the amount of $[ ] is enclosed.
   [ ] No refund is due. Tenant remains liable for $[ ] (payable within ten (10) days of the date of this letter).

IV. REPRESENTATIONS & WARRANTIES

1. Landlord affirms that the foregoing charges are true, accurate, and represent the actual and reasonable costs incurred or to be incurred to remediate damages or satisfy amounts owed under the Agreement.

2. Landlord has not withheld any portion of the Security Deposit for conditions constituting Normal Wear and Tear.

3. All amounts withheld comply with Alaska Stat. § 34.03.070 and the Agreement.

V. COVENANTS & NOTICE TO TENANT

1. Tenant must provide Landlord with a current mailing address for delivery of any refund not enclosed.

2. Pursuant to Alaska Stat. § 34.03.070(h), Tenant’s failure to deliver a written objection to this Itemization within ten (10) days after receipt shall constitute Tenant’s agreement that the accounting is correct.

3. Any written objection must:
   a. Identify each disputed charge by line number;
   b. State the factual basis for the dispute; and
   c. Be delivered to Landlord at the address in § I.1(a) by certified mail, return receipt requested, or other trackable service.

VI. DEFAULT & REMEDIES

1. Failure by Tenant to pay any balance due within the time provided may result in the commencement of legal proceedings in the [ALASKA SUPERIOR COURT – HOUSING COURT DIVISION] for recovery of money damages, statutory penalties, attorney fees, and court costs as allowed by Alaska Stat. §§ 34.03.070 & 34.03.350.

2. Landlord expressly reserves all rights and remedies, none of which are waived by the issuance of this Itemization Letter.

VII. RISK ALLOCATION

[// GUIDANCE: Indemnification is “not applicable” per user metadata. Liability caps are limited to statutory penalties; therefore, no additional provisions are inserted here.]

VIII. DISPUTE RESOLUTION

1. Governing Law: This Letter and any dispute arising hereunder shall be governed by the laws of the State of Alaska, without regard to conflict-of-law principles.

2. Forum Selection: Exclusive jurisdiction and venue shall lie in the state housing court or other court of competent jurisdiction located in [BOROUGH/COUNTY], Alaska.

3. Arbitration: The parties expressly exclude arbitration.

4. Jury Waiver: Nothing herein shall be construed as a waiver of either party’s constitutional right to a jury trial.

5. Injunctive Relief: The parties acknowledge that money damages are generally adequate for the matters addressed herein; however, equitable relief remains available where authorized by law.

IX. GENERAL PROVISIONS

1. Entire Agreement: This Letter constitutes the entire statement of the Security Deposit accounting and supersedes any prior oral statements on this subject.

2. Amendments: Any modification must be in a writing signed by Landlord (and Tenant, if disputing).

3. Severability: If any provision of this Letter is held invalid or unenforceable, the remaining provisions shall remain in full force and effect.

4. Counterparts & Electronic Delivery: This Letter may be executed in counterparts and delivered electronically, each of which shall be deemed an original.

X. EXECUTION BLOCK

IN WITNESS WHEREOF, Landlord has executed and delivered this Security Deposit Itemization and Return Letter as of the Effective Date set forth above.

LANDLORD:

[LANDLORD LEGAL NAME]
By: [AUTHORIZED SIGNATORY]
Title: [TITLE]
Date: [DATE]
[OPTIONAL TENANT ACKNOWLEDGMENT – NOT REQUIRED]

TENANT:

I acknowledge receipt of this Security Deposit Itemization Letter on _, 20.

[TENANT NAME]

[TENANT NAME, if multiple tenants]
[// GUIDANCE: Tenant acknowledgment is optional. Landlord may still prove delivery via certified mail or other trackable service if Tenant declines to sign.]

End of Template