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Updated over 8 years ago,
Tenants Cancels Lease - Keep Deposit?
Sourcing opinions here:
Tenant signs lease, gives 1 month deposit, cancels lease 3 days prior to moving in. Lease calls for 2 months liquidated damages upon cancellation. Keep deposit I currently have or be nice and return it? I already found a new tenant so not costing me extra in vacancy to return their full deposit.
- Carlos Rovira