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Updated about 5 years ago on . Most recent reply

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Nik August
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Returning Security Deposit

Nik August
Posted

What would you do with the security deposit if the tenant wishes to break the lease early?

The tenant mother/roommate passed away. The tenant no longer wishes to occupy the property. I decided to release her from lease and not charge her for the remaining months of her lease. I used the last month deposit to cover her last month rent (rookie move I know). The tenant has inquired about getting the security deposit back as well. She has 3 months left on her lease. Would you return the security deposit or keep the security deposit. 

Sincerely an inexperienced landlord (Florida)  

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