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 about 7 years ago on . Most recent reply

User Stats

35
Posts
8
Votes
Samuel J Claeson
  • Rental Property Investor
  • Saint Paul, MN
8
Votes |
35
Posts

Inherited Lease Agreement/Security Deposit

Samuel J Claeson
  • Rental Property Investor
  • Saint Paul, MN
Posted

Hello,

My wife and I recently purchased a Triplex in Minnesota and inherited tenants in each unit. Since we purchased the home using an FHA loan, we are required to occupy the home for one year. Therefore, I had to give notice for one of the tenants to vacate.

The tenant that will be leaving has lived in the unit for over a year and has a $600 security deposit, which the previous owner/landlord gave to us at closing.  We want to deduct from the security deposit, but the previous owner/landlord did not have a move-in checklist for when the tenant first moved in. 

The tenant treated the unit horribly. There is damage and it is absolutely FILTHY. Are we allowed to deduct from the security deposit?

Any advice would be great!

Thanks,

-Sam

Most Popular Reply

User Stats

1,517
Posts
1,617
Votes
Tim Swierczek
  • Lender
  • Saint Paul, MN
1,617
Votes |
1,517
Posts
Tim Swierczek
  • Lender
  • Saint Paul, MN
Replied

@Samuel J Claeson Unfortunately you have no chance of winning with a condition claim, however, exessive filth is something you can push a bit.  Have they moved you yet, if not use cleanliness as your leverage to get them to clean on the way out.  If not use very reasonable numbers to deduct for lack of cleaning and then list all the damage that you are not charging them for.  You do this for psychological reasons, showing you are reasonable and starting to build your argument if it were to go to court you would argue that you couldn't know the previous condition but that has no bearing on them cleaning as expected on the way out.

The main thing is to move on and create policies that will prevent this in the future.  PM me let's do coffee.

  • Tim Swierczek
business profile image
The Tim Swierczek Team - Gold Star Mortgage

Loading replies...