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Updated over 4 years ago,

User Stats

13
Posts
6
Votes
Gabriel E. Galloza
  • Rental Property Investor
  • Lehi, UT
6
Votes |
13
Posts

Inherited Tenant on 1st Rental Property

Gabriel E. Galloza
  • Rental Property Investor
  • Lehi, UT
Posted

I purchased a Duplex with an inherited tenant that signed a 7 year lease expiring October 2021. The property closes next week, and i find out today that the tenant is also purchasing a home, and he will be vacating the property, ultimately breaking the lease. Would it be ethical, and lawful as a Landlord in my position to Keep the Security Deposit? The unit is also distressed, and needs a makeover, i just cant prove he caused the distress. Property is located in NJ. Any Suggestions, stories, etc are greatly appreciated!

With Best Regards,

Gabriel

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