General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 13 years ago,
Tenants Split up & Mid month Move out?
I was notified by my tenants on the 14th of Dec. that they would not be renewing their lease (Jan. 1st). The reason they gave is that they had split up & that they are going there separate ways. They paid deposit/Last. They paid in full for Dec.
The letter was from one of the tenants. She requested that I return the full deposit to here since she paid it. She did not ask for any portion of the Last months rent back.
From my interpretation of the laws, I must return the deposit to both tenants. I figure I can split it between both of them, or split it & send each a check.
As far as the Mid-month move out, It appears that it is not necessary to refund any of the Last months rent, unless I rent it out before Feb. 1st.
In your experience am I correct in this?