Can I terminate a lease, If I do not accept security deposit
I found a tenant for my single family home and everything was going smoothly. Once the lease was signed, there were a lot of problems that arose. I did not accept security deposit or first months rent and told the tenant I will terminate the lease. He now is threatening me with law actions. I found this tenant through a real estate agent. I was told by other investors as long as no money was transferred, that this is legal. Please let me know your thoughts and I am open for questions. I know this is a legally binding contract because of all of the problems arose. I felt this would be a mistake on my part and the issues would only become greater.