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Updated over 2 years ago on . Most recent reply
Security Deposit Return
Security Deposit Return to my tenant after a liability issue with owner/tenant above my condominium unit, flooding my property unit out; and my tenant has to move out because of damage.
My question is should I return the security deposit to my tenant because he was forced to cancel the lease because of the damage done by the owner/tenant above?
Most Popular Reply

Nathan Gesner
Property Manager
Agent
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- Real Estate Broker
- Cody, WY
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The security deposit should only be applied towards cleaning, repairs, and other costs incurred due to the Tenant's behavior. This was outside of their control. You should absolutely return the entire deposit and apologize profusely for the trouble.
- Nathan Gesner

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