Security Deposits

[Account Closed]

Okay landlorders. I got a call from one of my property managers. He tells me that a tenant has told him that she is moving out. No 30 day notice. Nada.

She didn't, and doesnt intend to, pay August's rent. Least started in middle of month. The pm told her if she forfeits the security deposit, and pays us $200, we will not pursue her.

What if she has trashed the property and there is hundreds of dollars of repairs to be made. If the deposit goes to pay for that, she still owes two weeks rent as she won't be gone until eom.

Does this pm know what he's doing?

Thanks,

TC

[Account Closed]

You did get notice. The tenant told your property manager.

I suggest that you put your property manager on a tighter leash. He's doing what is the least amount of trouble for himself, not what is best for the owner of the property.

If he were doing his job correctly, he would have told the tenant that the notice had to be in writing, and that if she didn't pay for the 30 days, you'd file for eviction.

The majority of tenants will try it on, but will do as they are required if you call them on it and let them know that they aren't getting away with it.