What should be included in the notice of termination regarding fees?

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The notice of termination must include information about refunding fees and charges. This is crucial because it ensures that residents are informed of what to expect regarding any overpayments or deposits after they vacate the premises. Transparency in the refund process helps maintain trust and prevents disputes between the management and residents.

While other elements like a deposit return policy or current resident balance are important for financial clarity in general communications, they do not specifically address the obligations related to fees and charges after termination of residency. Future payments due are also not relevant at the point of termination since residents should not be liable for payments after their residency has ended. Thus, focusing on the refunding aspect in the notice ensures that all parties understand their financial responsibilities and entitlements following the termination.

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