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Updated about 13 years ago on . Most recent reply
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How much of the security deposit you would hold?
Hello all,
Here are the facts:
1) Tenant is on a month to month lease.
2) Rent is due on the 1st and considered late on 4th.
3) Late fee is $50 plus $10 for each additional late day.
4) The tenant didn't pay November rent and stopped responding to calls.
5) After a lot of calls and texts, the tenant finally moved out and gave me the keys on 11th.
6) The apartment was left in good condition.
7) The next tenant moved in on 19th.
Rent and security deposit is $425. I came up with $50, by subtracting the prorated rent from Nov. 1 to Nov. 18 and late fee from Nov. 4 to Nov. 11.
How much (if any) of the security deposit would you give back?
Thanks!