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Updated almost 9 years ago on . Most recent reply

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Matt R.
  • Real Estate Investor
  • Milwaukee, WI
0
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17
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security deposit question

Matt R.
  • Real Estate Investor
  • Milwaukee, WI
Posted

A few weeks ago my tenant decided to move 3 family members into her unit. I found out and gave the 3 people a few weeks to move out and they did not.  So I just gave them a 5 day notice, and they told me they would all be moved out within 5 days. do i get to keep the security deposit once they are out? i live in Wisconsin. thanks!

Most Popular Reply

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951
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Corina Eufinger
  • Rental Property Investor
  • Oconomowoc, WI
415
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951
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Corina Eufinger
  • Rental Property Investor
  • Oconomowoc, WI
Replied

you can only keep the security deposit in accordance to the amount of tenant damage to property and back rent or late fees.  You cannot charge for normal wear and tear or carpet cleaning. Nor are you entitled to keep any additional security deposit because they broke the provisions in your lease. Be sure you do some research on your deductions before you complete it and make sure you are in compliance with 704 and 134 in Wisconsin law.

It seems you may be inexperienced in being a landlord, I recommend you join a local landlord association and start taking advantage of any classes or training they offer. You don't want to make a costly legal mistake.

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