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Security deposit on rental home

Posted on: 27th Jan, 2014 11:29 pm
I was looking for a rental home and found one. I gave the landlord a check of $1500 as security deposit and signed a year's lease. However. I could not move into the home and the landlord is refusing to give back the security deposit. Can he do so?
Hi Tomara,

You have signed a lease agreement with the landlord in this regard. You should read through the lease agreement and check out what is mentioned there. If a clause is mentioned in the agreement that the money will not be returned, then you will not be able to get back the money.

Thanks,

Jerry
Posted on: 28th Jan, 2014 12:32 am
That is nothing once you signed the lease the contract states you are responsible for the rent until the time that the landlord can, with reasonable effort, rerent the place - if they cannot rent it you are liable for a years worth of rent - A Lease is a binding contract and you signed it........

Life Lesson -
Take Care

Brian Barnes
ENG lending
Nationwide Lender
Posted on: 28th Jan, 2014 09:07 am
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