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Updated about 6 years ago on . Most recent reply
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Unique request from my tenant to loan security deposit
Hi Experts,
Need your assistance, I have a very good tenant (senior couple), the guy went through some medical condition and he called me to check if I can loan half of security deposit to him just to cover expenses this upcoming month ( Jan'19), he said the rent is on auto-payment and I'll get complete rent but he wanted to see if I can give him half of security deposit to cover his expenses, I never dealt with this before and wanted to see the best way I can help my tenant here. I dont think there are any forms available online for handling such query and I just dont want to write a check without some paper work to back me up just in case.
Appreciate your help!!
Most Popular Reply
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@Tyler Faison @Mary M. @Bruce Lynn @Kyle J.
Thank you all for your suggestions, this is elderly couple I feel I can trust, I liked the idea of not touching the security deposit so I took your advice on that, however I just agreed to half a month rent and balance paid in next three months