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Updated over 7 years ago on . Most recent reply

Account Closed
  • Investor
  • New York, NY
49
Votes |
111
Posts

Damage Deposit withheld - consequences?

Account Closed
  • Investor
  • New York, NY
Posted

How often do you find tenants give you reason to withhold damage deposits? One of my mates, who also rents out properties, has a particularly nasty tenant who is leaving his building after many years. Little to no damage has been done to the flat, and small repairs have even been taken care of by the tenant. My mate plans on keeping the Deposit out of spite; what kinds of consequences should he anticipate facing from this action?

Most Popular Reply

User Stats

691
Posts
610
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Samantha Klein
  • Investor
  • Monroe, WI
610
Votes |
691
Posts
Samantha Klein
  • Investor
  • Monroe, WI
Replied
Getting sued for double or triple the deposit. Judges don't like landlords who don't follow the rules.

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