Security Deposit Refund Transfer Form: Fill & Download for Free

You need to visit Vodafone store. Need to pay all your dues your number will be canceled on same day and new SIM will be issued. You need to fill forms for new connections (need, photo, ID proof and address proof)It takes 24 hours for new SIM to activate.Some Important TipsAll postpaid number have a security deposit, which Vodafone don't want to return.Make a note that after 60 days you have to go back to store and ask for your security deposit back.Make it very clear that they will not refund it by themselves. They are mean.you can set a calendar reminder, like you set for birthdays. So that you don't get cheated.

Here is the systematic approach to rent your commercial space.First and foremost, start with marketingTake quality snaps of your property. Take snaps from your high-resolution mobile phone camera (professional photography is not mandatory). Usw these snaps to list on property website.List your property in multiple property websites or property applications. Below are the few websites that provide free registration and at least one free listing. Use all the possible websites and don’t depend on just one or two websites. More the listing, more the leads coverage.magicbricscommonfloor99acresquickrolxhousingnobrokerfacebookWhen you list your property, provide consolidated details of your property, which includes snaps. size, directions. amenities, location, accessibility, rent, security deposit, and maintenance cost.Make use of offline marketing as well, Display the TO-LET signboard with your mobile number on the building front. (Please be noted, if you have geographical constrain like NRI or living in other cities, nominate a local trusted guardian to attend the call comes through TOLET board or it may invite anti-social elements like theft or robbery into the property). or better work only online channels and screen the visitor identity before arranging the property visit.Telephonic screening:You will start receiving prospective calls. You should screen the calls to avoid unnecessary walk-ins, save your time and energy.Here are the few screening questioners.Company name and identity: understand exactly what the company is and where they are coming from. Find out all you can about their business profile and history. Go a bit deeper to find out the successes of the business and identify the industry they serve.Type of business: Are they business suitable for your property. Ex: Retail, office, factory, warehouseBudget: Are they capable to pay rent, maintenance cost, utility bills, and security deposit on time.Duration of stay: Renting for 1 year, 2 years or 10 yearsWhat is the operating hour of business: Is the business operate 9 to 5 or 24X7.when is the intended date of possession or date of occupying the propertyOnce you are satisfied with response, invite for property tour and face to face discussion.Tenant finalization and screening documents: Once you finalize the tenant. Henceforth you should keep all the communication in written statement. The best mode of written communication is email.Demand the tenant to send the identity proofs by email. proofs likeBusiness establishment documents. Ex: GST CertificationBusiness PAN image or proprietor’s PAN imageDraft agreement:Prepare the draft agreement in word format and exchange the draft with tenant by email.A draft agreement consists of all possible terms and conditions. Some important points listed below for your consideration.As a property owner, prefer executing your agreement under the title of leave and license agreement rather rental agreement. You have more control than tenant under the title of leave and license agreement.Mention agreement execution dateOwner name and permanent residential address. Tenant name and corporate address or proprietor permanent addressRental premise address (A complete rental address should specify)Rental commencement dateDuration of agreement cycle. Typically. 11 months, 5 years, or 10 years. An agreement executed more than 12 months should register at respective sub-register office.Year on year appreciation %. Typical around 10%Monthly rent, maintenance cost, security deposit, water bills, electricity bills, parking charge, etc.. Its always better to specify all applicable charges in advance stage to avoid later conflict and argument because financial matters are very sensitive issues hence that should be out for mutual understanding. (No hide and later surprise)Property owner should mention bank details in agreement for rent transfer. Prefer account transfer instead of cash.Make sure, who is responsible for repair and replacement of damaged items during tenancy.Notice period. Usually 3–6 monthsPainting and cleaning charges at the time of termination.Add a clause that owner or his agent can inspect the property during tenancy with prior appointment to assess the condition of properly maintained.List the fixtures, furniture, and fitting with the name of brands and quantity.Record everything in agreement even if its small things. There should not be any assumption or presumption in your mind, everything should be in agreement and understandable to both. More the clarity in agreement, more the win-win situation for both parties.More the agreement is better, it's easy for you to complete termination formalities without hassle.Once the drafts ready, exchange the draft with tenant by email and seek his confirmation.If you looking for standard template of leave and license agreement. Please write to us. We share template at no cost.Below is the procedure to execute agreement LEAVE AND LICENSE AGREEMENTStep 1: Buy non-judicial E-stamp paper. Stamp paper is available at your local court, register office, or cooperative bank. Rs.100 to 500 E-stamp paper would be safe and best for commercial rental market.Step 2: Print the draft on E-stamp paperStep 3: Property owner and tenant have to sign at bottom of all pages of agreement. Witness has to sign at witness section (Usually at last page of agreement)Step 4: Meet the notary public nearby and get the agreement attested by notary.Step 5: If your agreement cycle is more than 11 month. Get your agreement register at respective register office.Transaction:Never ever collect token advance as soon as prospective tenants see the property. Owner can collect token advance or part of advance once after draft agreement exchanged and confirmed by both parties. There are instances that deal gets dropped due to non-settlement of agreement clause and later conflict for refund of advance.You might be wondering that complete security deposit must be received before or after signing the agreement or before or after handing over the property key.Now the banking becomes easy and convenient. We can do all at once. Yes, tenant can initiate the transaction at the time of agreement sign and key handover.Check-in form:Cross-check the fixtures and fitting details in presence of tenant. Take the snaps, videos, and exchange them through email to record the present condition of property for later reference. Probably at the time of termination if necessary.Termination:Before you finalize the tenant, you should judge if the tenant is easy for termination. Never choose the tenant who is hard to vacate.Both the parties should follow the notice period mentioned in agreement. I have written the NOTICE format at bottom of this answer for your referenceInspect the property as soon as tenant vacates the premises. Check if any repair and damage incurred, replacement for damaged products. painting and cleaning. Prepare estimate sheet and escalate to a tenant for tenant reference.Should mention security deposit refund duration in agreement. It could be on same day as key receipt from tenant or in a week or two.Receive property key from tenant on or before security deposit refund. Send the refund transaction screenshot to tenant by email.TERMINATION NOTICE (Title should come at centre)ToMr. TENANT NAMESubject: Rental terminationProperty address: XYZThis is to notify you to vacate and deliver up possession of property, which you presently occupy as my tenant. This notice is issue to terminate our leave and license agreement. Issuing the notice of 3 months as per our agreement, Notice period commence from 29th Sep 2019 and ends on 28th December 2019.We remind you of your obligation to leave the premises in a reasonable condition at the end of your tenancy.Thank you for your cooperation.Regards,NAME OF PROPERTY OWNERIn Karnataka, We provide the service of agreement drafting + execution + notary + home delivery in 2 working days. Same day express delivery available. To opt for our service, please Whatsapp 9 7 4 2 4 7 9 0 2 0.Thank you for reading…

yes you can get refund of VAT security deposit or you can take as ITC for GST.Consumer approaches the Call Centre / Consumer Care Centre with a request for refund of the security deposit. At the time of registering the request, the consumer is informed of submitting a written request for refund of the security deposit along with the following documents :(i) Application Form for request for refund, duly signed by the registered consumer. (Format of Application Form is given in Annexure).(ii) In case of company, Resolution by the Board of Directors for surrender of the connection and refund of security deposit.(iii) In case of partnership firm, an authorization from the firm.(iv) Details of Bank account of the consumer as per the Application Form.(v) In case of demise of the registered consumer, the application for refund to be submitted by the legal heirs.b) The consumer may opt for receiving the refund either through ECS Credit / Cheque in the name of the registered consumer.(i) The Cheque will be issued and sent by Registered post to the address of correspondence or alternatively, the consumer can collect the same in person from the Consumer Care Centre if such option has been exercised in the Application.(ii) No cash refunds will be made.(iii) Alongwith the refund, the itemised statement of any deductions from the security deposit should also be given to the consumer.(iv) For consumers opting for ECS, a letter confirming passing on the credit to the consumer alongwith the itemised statement to be sent at the address of correspondence.c) On receipt of the request for refund alongwith the necessary documents as stated in (a) above, the executive at the consumer care centre should verify the position of dues, (if any), interest on the security deposit against the K. No from the system and inform the actual amount of refund to be made to the consumer. In case of any pending legal /enforcement case against the said K. No, the same should also be intimated to the consumer, due to which the actual amount finally to be paid cannot be ascertained by the Executive.d) An acknowledgement should be given to the consumer. This acknowledgement should indicate that the DISCOM has received all the documents required for refund and refund would be issued within 1 week of receipt of request.e) In case of delay by the DISCOM beyond the stipulated time frame of 1 week, simple interest @18% p.a or part thereof shall be payable to the consumer without prejudice to other rights of and remedies available to the consumer. The burden of such additional liability for the delay shall not be allowed as a pass through in tariff.f) In cases involving change of ownership of the premises, the security deposit will be automatically transferred from the previous owner to the new owner, who applies for change of name in the electricity connection.g) For consumers who had taken the electric connections in the pre-reforms period, and if the amount of security deposit is not reflected in their latest bill, they may also submit any of the following documents alongwith their Application form for refund of security deposit:i) Copy of the security deposit receipt.ii) Copy of any Bill of the DVB/DESU period which reflects the amount of security deposit.iii) Any correspondence which reflects the amount of security depositIf the consumer is unable to submit any of the above documents, the claim will be processed based on the records available with the DISCOM.