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Forum / State Landlord Tenant Law / Broken Lease Needs To Pay Penalties Can I Hold Security?

My tenant broke a year lease 6 months early. There are penalty fees that need to be paid as per the lease, can I hold the security deposit until all fees have been paid?

KRISTINA M, FL on Thursday, June 27, 2013

RE: Broken Lease Needs To Pay Penalties Can I Hold Security?

IDK if you heard about the new law - Renters now can agree to an automatic, two-month penalty for breaking a lease. Landlords also can collect any unpaid rent and "other accrued charges," such as costs for cable, as well as assessments for any damage to the unit.

Posted by Luis M, NJ on Tuesday, August 13, 2013

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