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Updated almost 10 years ago on . Most recent reply
Security deposits and early lease termination
Can a landlord request that the security deposit be forfeited if the renter requests to get out of the lease a month early? I want to work with them but don't think I have anything in the lease that states that they lose a portion of the security deposit. Or am I bound to the restrictions of the security deposit as only to be used for repairs over and above normal wear and tear?
Most Popular Reply
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I typically try and work with a tenant when they move out early for two reasons:
1.) They are much more likely to leave the place in good shape (I actually tell them that if they leave it in decent shape I will not use the security deposit for unpaid rent).
2.) I typically rent in small towns and having a good reputation is often what gets me additional renters