Breaking Lease : ezLandlordForms

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Karen S

started a topic about 15 years ago

I have a difficult new tenant that has had the key for a week and did not move in yet. They have complained about minor repairs and a leak in bathroom which I am getting repaired immediately but they threaten to hold rent for one month tills repairs are made. I want to terminate lease and want to know if I can hold part of security deposit for loss of rent and cost to repost home for sale or rent. I refused offer from a buyer because I was already locked into a lease that they signed 3 months ago. Can I hold part of security deposit?

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Carrie H

said about 11 years ago

I am wondering about the laws in South dakota? Can I do the same ?

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Davis J

said about 11 years ago

Generally landlords keep security deposits if the tenants break the lease. To know more about laws in your area, consult real estate agents in your area. Recently I shifted into my new apartment through Kingsbury Homes. I have signed a one-year lease agreement. The lease terms was different in Salado, TX.

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Scott H

said about 4 years ago

You should find a new tenant as soon as possible. You are responsible to mitigate your damages. Then you can sue them for any damage, cost to find a new tenant(advertising, realtor fees), and lost rent. that their deposit does not cover. Bill them first and if they don't pay then sue.