Security deposit question

[Thomas Knight]

I've been wondering how you guys are dealing with a certain situation. What do you do when you have multiple people approved on the lease and have paid the security deposit, but one of them decides to leave? The other people are still there so there needs to be a deposit, but what about the person who left who may have pitched in or even payed you the entire amount?

Thanks for your help!

Thomas

[Brady Boyer]

Let them figure it out. You don't have to give the deposit back till after the lease ends.