General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Tenant Deposit Return
I have a rental lease for 1 year which is up 11/30/17. The tenants are fighting over various things and they plan on not to renewing the lease. One tenant says the entire deposit of $750 is his and wants me to return once I verified the property has no damages.
The deposit was given to me in cash. The tenant who wants the 100% of the deposit is the one who does not pay his fair share to the other tenants. The other two tenants are trying to take him to court to collect what is outstanding between them. They always pay me rent for the entire rent payment.
What should I do with there deposit?
Please help.......