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Updated about 5 years ago,

User Stats

45
Posts
7
Votes
Andy S.
  • Investor
  • Somerset
7
Votes |
45
Posts

Security Deposit -Tenant broke lease 1.5 months after moving in

Andy S.
  • Investor
  • Somerset
Posted

Hello,

Recently my tenant in New Jersey broke the 2 year lease within 1.5 months of moving in. The reason he gave is that he found a better job out of state. He did not lose current job, however the new job he found pays him better. He only gave 34 day notice whereas it is stipulated in the lease is that the notice must be give 45 days in advance.

In this scenario, where there is no issue with the property, is the tenant allowed to keep his security deposit? Or Do I have a right to keep his security deposit?

Thanks

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