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INFOLAWYER
INFOLAWYER, Attorney
Category: Legal
Satisfied Customers: 56234
Experience:  Licensed attorney helping individuals and businesses
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I had a tenant who broke his lease and gave me his security

Resolved Question:

I had a tenant who broke his lease and gave me his security deposit. Is this okay for me to accept?
Submitted: 5 years ago.
Category: Legal
Expert:  INFOLAWYER replied 5 years ago.
The deposit can be applied to the outstanding rent. You may hold tenant liable for the lease term and pursue tenant for the rest of the term or until another tenant occupies, whichever is less. Letting tenant know he is in breach and deposit is being applied should be done by letter sent by certified mail.


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