Landlord Question and Answer Forum
Here is my situation.
Have 3 Tenants A, B and C on the lease
A gave the cheque for the original deposit and paid rent all along from A's account.
A and B are now splitting and the lease has come to an end.
After the lease ends who should I write the cheque to for the deposit return ?
To A or
A & B & C combined and let them sort it out.
Thanks much for your assistance.
Vamsi M, NJ on Friday, May 19, 2017
RE: Question regarding deposit when tenants are splitting
If I was in that situation and I had a copy of the sec.dpst check, I would make the ck out to the name(s) on the ck. If tenants A,B and C are on the lease, I would make the ck out to all 3 using "and" vs "or".... A and B and C. This way all 3 should be required to sign.
Posted by
Stan M, CA
on
Saturday, May 20, 2017
RE: Question regarding deposit when tenants are splitting
I don't know California law but the above answer is exactly right for Illinois. You don't know who contributed to A's money for that check, and they are all on the lease. I do warn tenants about such things ahead of time, however, since it is not uncommon for only one tenant to write a check for the deposit.
Posted by
John P, IL
on
Monday, May 22, 2017
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