To give the security money back or not

[Joe S.]

I have a property that is good ways for me that I put with a property manager. About a month ago the property manager called and said that they had an application from an applicant and told us a little bit about the applicant and we approved it. Now it seems that they approved an application and it would start a month after the fact. They gave the applicant the keys today the applicant looked at the property and said it had an odor and now wants to have their security deposit and first months returned to them. I definitely don’t want to hold somebody to a rental agreement if they don’t want the place, but didn’t know why they would hold up the property for so long site unseen and now want to back out. The property manager is putting pressure on us to agree to give them the security deposit and the first months rent back. Of course the property manager is the one that has those funds.