Security deposit and lease termination.

[Lacy Tilley]

Any input would be great.

The tenant had told me she cannot go through with the lease.(circumstances are legitimate but an agreement is and agreement)

Signed on aug 15th for move in on aug 29th for a 2 year lease. With security deposit and first months rent(sept) and prorated rent up to the first month (3days). Tenant has not moved in yet. I have tried to get a tenant in there as soon as possible. I found a qualified tenant But can only get them as early as October 1st.

My lease is pretty specific that that are responsible for the full term. And security deposit is to uphold the agreement of the lease not just property damage.

[Andrew B.]

Given the circumstances, the maximum you can take from this person is the 3 days in August, September rent, and any fees accrued while looking for this new tenant. You handled your end by taking immediate action to mitigate your losses. Tenant should handle their end by making you whole, as though they had moved in.