roommate-security deposit

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roommate-security deposit (by hobi [PA]) Oct 11, 2011 3:29 PM

roommate-security deposit (by yvonne [OR]) Oct 11, 2011 4:11 PM

roommate-security deposit (by Virden [OH]) Oct 11, 2011 8:16 PM

roommate-security deposit (by proofstyle [PA]) Oct 12, 2011 4:16 AM

roommate-security deposit (by K [MN]) Oct 12, 2011 7:36 PM

roommate-security deposit (by hobi [PA]) Oct 13, 2011 8:53 AM

roommate-security deposit (by hobi [PA]) Posted on: Oct 11, 2011 3:29 PM
Message:

State Specific Question About: PENNSYLVANIA (PA)

Two roommates in 2nd year renting house, lease ends 12-31-11. One left about August, now lives in another county, and did not pay his share of rent since. The remaining tenant pays in full monthly on time. They are to forward to me a Request for Release for the one tenant who moved, which would state that he is free from the lease, to remove his belongings/vehicle, etc. Has anyone ever done this? My main concern is the security deposit. The carpeting will be professionally cleaned (in lease), as a security deposit deduction. There is no damage, etc. When the one is released from the lease, he will be expecting his portion of the security deposit back. Additionally, the remaining tenant would like to take another of my available apartments, and end the current lease at the house if possible. I'm not quite sure how to handle when to get the portion of the security deposit back to the one who left. Thank you. --64.12.xxx.xx

roommate-security deposit (by yvonne [OR]) Posted on: Oct 11, 2011 4:11 PM
Message:

One house (duplex, apt, townhouse- whatever), one deposit, one monthly check, one refund of deposit with everyone's name on it. Period.

My lease says, jointly and severely liable. If yours doesn't, add it and adopt this policy. You will never be able to tell if there is damage or not until all belongings are out and you are going through the place. --69.59.xxx.xxx

roommate-security deposit (by Virden [OH]) Posted on: Oct 11, 2011 8:16 PM
Message:

The departing party is still obligated to finish the payments and wait for his/her share of the deposit - Never Ever divide rent payments or deposit, you will hear the longest story of her friend lost that part when he changed the bulb or it was broken while I was not home because I saw it the minute I returned from visiting family in (make up another state somewhere else), and we have been trying to make that stay on since we moved in, it was broken the whole time - are you going to charge for that too!?!. --76.241.xxx.xxx

roommate-security deposit (by proofstyle [PA]) Posted on: Oct 12, 2011 4:16 AM
Message:

The lease addendum (aka release) should include an agreement on the security deposit. Just do NOT short yourself. --68.83.xxx.xx

roommate-security deposit (by K [MN]) Posted on: Oct 12, 2011 7:36 PM
Message:

This document will help next time.

ROOMMATE SECURITY DEPOSIT ADDENDUM

The following is an addendum to the Rental Agreement for the apartment at _______________________ ___________________________________ and the terms outlined below are agreed to by the following tenants (roommates):

_______________________________________ _______________________________________

The security deposit is a deposit to secure the terms and conditions of the Rental Agreement and stays with the owner of the rental unit until the last roommate of those listed above vacates the rental. All roommates agree to give a forwarding address to the owner or manager before vacating the premises. If one or more roommates move out prior to the others, it has been agreed among all parties that the balance of the security deposit (after the final accounting of any debts or charges owed) will be refunded and/or divided according to the marked instructions below after the last roommate vacates. Please note: If additional roommates are added to the rental agreement, and who contribute to the security deposit, it is understood that all parties (both old and new) must agree to the originally marked instructions below regarding disbursement of any deposit due at the termination of the tenancy. However, any disbursements of deposits will not apply to any roommate who did not contribute monies to the deposit.

( ) The final accounting and itemization of security deposit, including any refund due, will be equally divided between all roommates, whether or not they were the last ones residing at the premises at the conclusion of the tenancy.

( ) The final accounting and itemization of security deposit, including any refund due, will be given to the last roommate still residing in the premises at the termination of this tenancy. In the event there is more than one roommate residing at termination of tenancy, then any refund due shall be equally divided between those remaining individuals.

( ) A copy of the final accounting and itemization of security deposit, including any refund due, should be sent directly to the individual(s) who paid the deposit (and based on the proportions paid) regardless of who is residing in the premises at the time of the termination of this tenancy. Therefore if two people each contributed 50% of the total deposit paid, then only those two people will receive 50% of the deposit due, even if one is no longer living in the premises and others later moved in and stayed until the tenancy ended.

The undersigned tenants (roommates) acknowledge that they have read and understood this Roommate Security Deposit Addendum. And they further agree that the security deposit stays with the owner until the tenancy is terminated and all rents, debts, charges, and damages have been paid.

Landlord Signature

X______________________________________________Date___________________

Tenant Signature (all Tenants must sign)

X______________________________________________Date___________________

--24.159.xxx.xx

roommate-security deposit (by hobi [PA]) Posted on: Oct 13, 2011 8:53 AM
Message:

Thank you so very much, K. --205.188.xxx.xx

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roommate-security deposit

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