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Updated over 3 years ago on . Most recent reply

User Stats

104
Posts
209
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Michael H.
  • Rock Hill, SC
209
Votes |
104
Posts

Last month rent and deposit

Michael H.
  • Rock Hill, SC
Posted

I have a tenant that is moving out on July 26. His month of rent starts today on July 21. He wants me to take out the six days of rent from his security deposit. What do you tell tenants when they want to pay the last month or the last partial months of rent with the security deposit?

Most Popular Reply

User Stats

210
Posts
162
Votes
Brendan Miller
  • Rental Property Investor
  • Gilbert, AZ
162
Votes |
210
Posts
Brendan Miller
  • Rental Property Investor
  • Gilbert, AZ
Replied

Hi @Michael H., typically the recommended answer would be to tell them that you can't do that, and they'd need to pay pro-rated rent like normal and that their security deposit will be held until a move-out inspection can be completed. I just had a tenant move out and owed 7 days for the last month, and this is how I handled it. 

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