General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago on . Most recent reply
Adding new tenant to month to month agreement
Hello!
I purchased a 4 plex over a year ago and inherited three tenants who's residency ranges from 3 years to 26 years. Besides the occasional whine and whimper, they've been good.
One unit that includes a mom and adult daughter on a month to month agreement is looking to remove the adult daughter from the agreement and add a new tenant (the mothers boyfriend). Besides the obvious (running all checks on the boyfriend, having the adult daughter give proper written 'notice' and signing a new month to month agreement) I'm curious how to handle the deposit - in our purchase of the property we were transferred the deposits but not provided any detail of which tenant paid what. Does/should the deposit stay with the unit? Is it worth refunding the deposit to both the mother and daughter, then require a new deposit? Is there another and better option that I'm not exploring?
Any and all suggestions from someone who has seen a similar situation is greatly appreciated.