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Updated almost 7 years ago on . Most recent reply

User Stats

38
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17
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Chad C.
  • Rental Property Investor
  • Glendale, AZ
17
Votes |
38
Posts

Deposit for rental property

Chad C.
  • Rental Property Investor
  • Glendale, AZ
Posted
Hi BP Landlords and Investors, Got a quick question for you! I have a rental in Arizona. A couple (boyfriend and girlfriend) move in together and sign lease Jul 2015. They deposit $1150 in Jul 2015. Each year the contract has been extended. In Oct 2017 girlfriend moves out but doesn't inform but doesn’t inform landlord. But Boyfriend continued to make monthly rental payments. X-GF is asking for deposit back. But she never informed Landlord that she moved out. Does all of deposit go to the boyfriend that is paying monthly rent? Or does only half go to boyfriend? And other half x-girlfriend looses her share? Just wondering if anyone can help answer this question.

Most Popular Reply

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Replied

Deposit doesnt get returned till the property is vacated and broom clean and penalties for damages or late rents are deducted.

You need to talk with the boyfriend, see if he plans on renewing lease on his own or vacating.  If staying he needs to pony up what she is owed, and sign a new lease with his name only. If leaving you can settle after they turn the property back over to you

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