Updated almost 5 years ago on . Most recent reply
Inherited tenants, no proof of security deposit
So my husband inherited a multifamily home in illinois when his dad died. We moved in to the first floor. And now have also inherited tenants in the upstairs apartment. These tenants didn't have a signed lease. They are leaving in 2 months and are asking for their security deposit.
However, we don't know if the departed father ever collected a security deposit from the tenant. We asked for a receipt or any kind of proof. The tenant has none. Now they are bringing up lawyers.
I am at a lost. Are we liable for a security deposit when there is no proof of one or how much?
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- Real Estate Broker
- Tulsa- OKC Oklahoma
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If they have proof you are on the hook. However the lease would state the amount even if they don't have proof. No lease no proof even with a lawyer they will be hard pressed. How much money are we talking about. Always amazed at how fast someone worried about less than $1000 says they have a lawyer. Will cost a minimum of $200 just to file and get to court in small claims with no lawyer.