All the funds get credited to the purchase on closing and if the Purchaser does not perform for whatever reason, the deposits are forfeit to the Seller.

I have a friend who is bankrupted, his 3 room appartment forfeit by bank.

Account Closed,100% no smoking, ever, it's even in our lease that they forfeit the deposit if it's found in the house.     

If you insist, at least take it through a title company and get it in writing concerning a EMD and the terms on which you would be willing to forfeit it. 

...You don't have to sign the final loan papers if you are unhappy, but you will forfeit any fees already paid (unless some fee was explicitly stated to be refundable upon cancellation of the application).Originally posted by focus:...

As far as the security deposit our lease states that any breach of contract forfeits their security deposit.Also, yes I will begin the evection process if they don’t pay the last month’s rent and hopefully the notices would encourage them to pay I just might not follow through with the filing until they are in holdover…thanks again.

Part of me says I need to be ready to push the button the eviction now, but I need solid reasoning, and also do not want to forfeit May's rent when she would end up occupying it for the rest of the month, regardless.

I would also tell her that she can file on her renter's policy if she wants compensation for the hotel.Option 2: Tell her to forfeit her deposit, pay the 2-month penalty, and move on. 

You certainly will be forfeiting the start of the eviction process. 

If you have to walk away, I hope you are not forfeiting too much money.