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Updated about 7 years ago,
Security Deposit transfer with inherited tenants??
Hello BP!
I am curious to how the security deposit gets transferred when inheriting a tenant. Does the previous landlord give me the security deposit to hold at closing? Does the previous landlord give the tenant back his security deposit and I then have to ask the tenant for the new security deposit?
Also how do I make sure there isn't a discrepancy between what the tenant and the landlord said he gave for the deposit ?
Thank you in advance!
Jordan