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Updated over 3 years ago on . Most recent reply

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45
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Cory Benhardt
  • Rental Property Investor
  • Philadelphia Suburbs
11
Votes |
45
Posts

Security Deposit Return.. or not

Cory Benhardt
  • Rental Property Investor
  • Philadelphia Suburbs
Posted

When it comes to returning a security deposit to an inherited tenant (after they moved out), am I legally allowed to keep any of the deposit if I didn't know what the condition of the unit was when the tenant moved in?

We did inspections before purchasing the property so I was aware of the condition of the unit but after the tenant recently moved out, I noticed a large rip in the carpet that was under the tenant's bed when we did the inspection so I didn't see it at that time. 


Not knowing if that carpet rip was there when he moved in, is this something I can keep part of the deposit for? 

Most Popular Reply

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433
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283
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Matt Ziegler
  • Rental Property Investor
  • Colorado Springs, CO
283
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433
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Matt Ziegler
  • Rental Property Investor
  • Colorado Springs, CO
Replied

Without good documentation, you will have little chance of holding them responsible. Move on and learn the lesson, document/video condition before occupancy, and upon move out…

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