The owner, sometimes with the society present too, checks the home's condition, counts the keys, access cards, and remotes handed back, and notes anything broken or missing beyond ordinary wear and tear. Whatever is found gets deducted from the deposit, and the remainder is returned soon after, usually within the time the agreement itself sets out. Doing this walk-through with both sides present, rather than relying on memory afterwards, is what keeps a deposit return from turning into an argument by text message. We carry out this walk-through with both the owner and the tenant present, so the deposit return is not a dispute afterwards.
Sources
Where it comes from. Level 1 is a government or court page, level 2 established press, level 3 a portal's explainer, which gives only what is commonly quoted.
- NestRiqo, move-out practice in Bangalore flats, https://www.nestriqo.com/blog/painting-charges-when-vacating-flat-bangalore, level 3