Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
General Real Estate Investing
BiggerPockets Exclusive PRO Area
PRO
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
Commercial Real Estate Investing
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Mobile Home Park Investing
Innovative Strategies
Land & New Construction
Multi-Family and Apartment Investing
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions presented by
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Personal Finance
Creative Real Estate Financing presented by
Insurance
Private Lending & Conventional Mortgage Advice
Tax, SDIRAs & Cost Segregation presented by
Foreclosures
1031 Exchanges presented by
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing

Updated over 11 years ago on . Most recent reply

Atul Mohlajee's profile image
Atul Mohlajee's profile image
Atul Mohlajee
  • from Oak Park, Illinois
  • Member since Mar 8, 2014

User Stats

285
Posts
113
Votes
Atul Mohlajee's profile image
Atul Mohlajee's profile image
Atul Mohlajee
  • from Oak Park, Illinois
  • Member since Mar 8, 2014
Atul Mohlajee
  • Oak Park, IL
113
Votes |
285
Posts
General Landlording & Rental Properties

Selected tenant backed out before signing the lease

Atul Mohlajee
  • Oak Park, IL
Posted

My selected tenant backed out. Does anybody charge a holding money from a selected tenant to keep if they back out? Something like earnest money when your bid is accepted?'.

0 Votes
Follow
20 Replies
Jump to Last Reply
Log In or Sign Up to Reply

Most Popular Reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Dallas, Texas
  • Member since Aug 29, 2013
Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Dallas, Texas
  • Member since Aug 29, 2013
Account Closed
  • Dallas, TX
744
Votes |
4,988
Posts
Account Closed
  • Dallas, TX
Replied

Return their money and move on.

Joe Gore

2 Votes
Log In or Sign Up to Reply
Sort By:

Loading replies...