Can the landlord keep the security deposit to cover unpaid rent or breach of lease?
A landlord can keep the security deposit only to the extent that the landlord has actually been damaged. For example, if a tenant moved out before the end of his lease term but his landlord was able to re-rent the property five days after the tenant left, the landlord can only keep that portion of the security deposit that relates to the five days of lost rent and expenses he incurred in advertising the rental property.
Related Questions
- What happens when the landlord seeks to use all or part of the security deposit for damage expense and/or arrears of rent and the tenant will not consent in writing?
- Can the landlord use a security deposit for any purpose other than damage expense and arrears of rent?
- Can the landlord keep the security deposit to cover unpaid rent or breach of lease?