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

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
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Please log in or sign up for a free account to continue.

Updated over 9 years ago on . Most recent reply

User Stats

36
Posts
1
Votes
Alex Ballas
  • Real Estate Professional
  • Philadelphia, PA
1
Votes |
36
Posts

Holdover tenant penalty clause

Alex Ballas
  • Real Estate Professional
  • Philadelphia, PA
Posted

I have a clause in my lease where if a tenant doesn't vacate by end of month they accrue a 3 month holdover penalty.

She was give 60 day notice that ended March 31, and she left April 1, 8pm (and left the place a mess).  She voluntarily surrendered her keys. Since she is technically a holdover tenant can I keep her security deposit based on the 3 month penalty?  

Loading replies...