Breaking Lease : ezLandlordForms

K

Karen S

started a topic almost 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?

L

Lisa J

said over 14 years ago

Is your mortgage current or are you waiting for foreclosure proceedings to begin?

D

Denise S

said almost 15 years ago

If both parties are in agreement to the termination, you can terminate the lease. As far as retaining the security deposit, I personally do not see the grounds if you are the one that wants them out of the lease.