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 over 8 years ago on . Most recent reply

User Stats

23
Posts
2
Votes
Artem Kovalevskiy
  • Pittsburgh, PA
2
Votes |
23
Posts

Security Deposit

Artem Kovalevskiy
  • Pittsburgh, PA
Posted

Hello all,

Just have a quick question regarding a security deposit for my property. I had a lease set up as a probationary period that was split up into two 6 months leases. One of the 5 tenants is not renewing the 2nd leg of the lease, since she is having personal/health issue due to age and moving out. She wants me to send her a check for "her portion" (1/5th) of the security deposit back. Am I responsible to do that or does she have to collect that from the 4 other people? I was going to just transfer the security deposit over from the last lease on to the new one so that I didn't have to deal with collecting the 1/5th off my current tenants and send her a check.  

Loading replies...