Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 11 years ago on . Most recent reply

User Stats

19
Posts
0
Votes
Lincoln Lewis
  • Investor
  • Boise Boston, Louisville
0
Votes |
19
Posts

Tenant Departure and Lease Question

Lincoln Lewis
  • Investor
  • Boise Boston, Louisville
Posted

Hi BP,

I was hoping some more experienced folks might have useful advice. I have a property rented month to month with two women renting the place. One didn't have a strong rental history so her father co-signed (he has since passed away they tell me). This young woman (whose father co-signed) gave her 30 days notice. The other woman said that she would be staying. I just got a call from another property manager saying that the two of them applied for another rental. This 2nd woman has not given me her 30 days notice. My question is this : How should the deposit money be distributed? I collected one deposit check, not two but I'm sure they think that each is entitled to half the deposit. How should I deal with this issue? Thank you very much for your time and experience.

Lincoln

Loading replies...