In commercial real estate, the people often have accounting, law, economics, civil engineering, finance, other business degrees, or degrees in fields related to whatever kind of property they want to focus on. 

I just had a $58,000,000 title litigation, and I've seen people lose driveways, have to tear down houses, lose permits on shopping centers, not be able to obtain approvals or permits they thought they could because of setback and encroachment issues, find out they have huge easement obligations they didn't anticipate paying for, and on and on.

I pull my credit 2x per year and you can rest assured I'd follow the above steps to a T and file suit immediately. 1681n and (o) provide civil relief, and I'd hang you with my attorney's fees as provided.

(b) A writ of possession may not be issued before the sixth day after the date on which the judgment for possession is rendered unless a possession bond has been filed and approved under the Texas Rules of Civil Procedure and judgment for possession is thereafter granted by default.

As police officers, we weren't allowed to enforce civil matters. 

The realtors job is to act as your fiduciary, maximize your value and protect you from litigation. 

Spend the $500 and save yourself $50,000 of litigation expenses in the future.  

Once again, let’s keep this civil and start an ongoing conversation.

Regardless of whatever you do with the security deposit, you do have to make sure that it is available to refund to the tenants upon completion of the leasing contract.I would tread lightly when it comes to security deposits though... as there are civil penalties (and potentially criminal) if you violate your fiduciary responsibilities.

This is a formal notice that title or ownership of the rehab property is in dispute in an active litigation.