Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Managing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago,

User Stats

16
Posts
1
Votes
Greg Smith
1
Votes |
16
Posts

Withholding the Security Deposit?

Greg Smith
Posted

Upon moving out, the tenant received notice from the property manager (via certified mail) that the landlord was making a claim against the tenant's security deposit for repairs and cleaning. Included in this package was a check from the property manager for the balance of the security deposit which was not in dispute. The tenant responded (via certified mail) that they were disputing the claims of the landlord. Over the next few weeks, attempts to resolve the dispute were unsuccessful. Subsequently, the property manager placed a Stop Order on the previously issued check covering the portion of the security deposit that was not in dispute (the tenant had not yet cashed the check). The property manager stated the reason for the Stop Order was because with no resolution, the dispute could be headed to court and the losing party would have to cover court costs for the prevailing party.

Was the property manager within their rights to place a Stop Order on this check? Again, this is in Florida.

Loading replies...