Landlord Question and Answer Forum
I m a new landlord . The previous owner transfer 995.00 to me during the purchase without walking throu sheets . One of my tenant left the other one stay a month to month. There is lot of damage in the appartment. The tenant who like to stay want a new lease and forfeit 995.00, in return i will not charge more than 995.00 of damage..
Any advice please! Is that legal?
Aziz A, WA on Monday, August 19, 2013
RE: deposit
If the tenant who is currently in the apt caused the damage, he/she is responsible however, use of the deposit monies usually occur after the tenant has moved out. I'm not sure why a tenant who is remaining in the home would be willing to forfeit their deposit before moving out. I'm also confused why you would accept that not knowing what further damage will be caused by the time they actually move out. If you use that 995.00 for the current damages, how will any future damages be covered?
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