Appliance In Lieu of Renters Deposit

Appliance In Lieu of Renters Deposit

Missouri City, TX · Member since 2015 · 42 posts · 8 votes

Would any of you recommend that the tenant replace an appliance in the rental house instead of putting up a deposit amount? This is new turf for me since my oven went out and the tenant offered to replace it in lieu of the lease deposit. And, then take it once the lease is over...

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  • Flipper/Rehabber · Tyler, TX · Member since 2015 · 25 posts · 10 votes
    10y

    I would not take that offer. That doesn't provide you any protection if they cause damage else where. If there isn't an appliance, either buy once and put in the unit or note it in the lease and tell them they have to furnish it if they want it.

  • Roanoke, VA · Member since 2014 · 404 posts · 203 votes
    10y

    No way.  You need a deposit to cover potential damages.  If they supply an oven and then take it with them you'll be left with no oven, and any damages they leave behind, with no money to cover it.

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