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 almost 6 years ago on . Most recent reply

User Stats

1
Posts
0
Votes
Amy J.
0
Votes |
1
Posts

Can I deduct realtor fee from security deposit for breaking lease

Amy J.
Posted

Hi all, Located in MI
Brand new to this site and rentals! Our first tenant sucks. 
Person decided to break lease for no legal reasons in first weeks of renting. Person was told you are responsible for all costs until new tenant was found. So we used a realtor to find a new tenant, would this realtor's fee be deductible from the persons security deposit? Because they are breaking the lease early we now have this extra cost due to the persons failure. 
Legally if we deduct this realtor fee would the person have a chance to fight it if they decided to?
the realtor did find a new tenant but the official paperwork is not signed yet. So person is lucky they shouldn't have to pay more rent for next month 

Most Popular Reply

User Stats

28,065
Posts
41,072
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,072
Votes |
28,065
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

@Amy J. I believe it is an acceptable charge but you'll have to study your state law to see if there's anything prohibiting you from charging it.

  • Nathan Gesner
business profile image
The DIY Landlord Book
4.7 stars
165 Reviews

Loading replies...