Using Pet Deposit for Unpaid Rent : ezLandlordForms

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Using Pet Deposit for Unpaid Rent

Burhan Q

started a topic about 15 years ago

I had some tenants who's check bounced during the last month of their lease, can I keep a pet deposit to help pay the rent?

1 Comment

Donna

said about 15 years ago

In Tenn, the definition of a security deposit is as follows: Security deposit" means an escrow payment made to the landlord under the rental agreement for the purpose of securing the landlord against financial loss due to damage to the premises occasioned by the tenant's occupancy other than ordinary wear and tear; and "Security deposit" does not include advance rentals. I would think that you can do this and I cannot imagine IF your tenant even disputes this - that a judge would even rule for them.