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Updated about 6 years ago on . Most recent reply

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18
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20
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Kerry Grimshaw
  • Investor
  • Plainfield, CT
20
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18
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Security Deposit nonrefundable if lease is broken

Kerry Grimshaw
  • Investor
  • Plainfield, CT
Posted

I recently had a tenant who moved out for personal reasons prior to the end of her lease period. It was a one year lease (she moved 6 months early) My lease states: If you move prior to the end of this lease period then you will forfeit your security deposit. Would this clause legally stand up in court? 

Most Popular Reply

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466
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245
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Scott P.
  • Rental Property Investor
  • Indiana...mostly
245
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466
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Scott P.
  • Rental Property Investor
  • Indiana...mostly
Replied

I'm not a lawyer but I believe it would stand up in my State.  I think the reason for the deposit to help ensure the tenant fulfills the lease.

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