 Security deposit (by Adelita Roman [RI]) Jul 30, 2008 3:42 AM
 Security deposit (by Josh [CA]) Jul 30, 2008 5:23 AM
Security deposit (by Treese [CT]) Jul 30, 2008 9:10 AM
Security deposit (by Treese [CT]) Jul 30, 2008 9:10 AM
Security deposit (by Adelita Roman [RI]) Posted on: Jul 30, 2008 3:42 AM
Message:
State Specific Question About: RHODE ISLAND (RI)
After a person sign the lease and paid the security deposit and first month rent, three days later decided she do not wants to move she has the right to get her security deposit and first month rent back. --71.87.xxx.xxx |
Security deposit (by Josh [CA]) Posted on: Jul 30, 2008 5:23 AM
Message:
It depends on the wording of your rental agreement. Also depends if you did a holding agreement. If the word deposit is used in a holding agreement instead of a holding fee, then yes you need to give the money back. This is a very general answer. We need more information as of the wording of the documents and whether you used a holding agreement or not. Which it sounds like you didn't.
Your rental agreement that was signed may have the language needed to make the tenant
responsible to cover some of your loses in this transaction.
--71.108.x.xxx |
Security deposit (by Treese [CT]) Posted on: Jul 30, 2008 9:10 AM
Message:
If the lease is singed, it's binding.
I would not return anything for at least 30 days.
You will have to mitigate your damages by attempting to find a replacement tenant. Until a replacement is found the tenant is on the hook for the rent.
Once a replacement tenant is found and they have taken possession of the premises, deduct any rent owed per the lease from the rent/security, write a check for the difference and send off an accounting. --76.245.xx.xx |
Security deposit (by Treese [CT]) Posted on: Jul 30, 2008 9:10 AM
Message:
signed ... NOT singed --76.245.xx.xx |
Reply:
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