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 What if Tenant leaves b4 the tenancy mature, (Procedure)

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meejawa
post Aug 29 2009, 04:20 PM

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QUOTE(lowyat888 @ Aug 29 2009, 11:46 AM)
what if the tenant agree to give the full 1 year rental fee whereby the last 2 months using the deposit(2 1/2 months deposit)  to knock off but the tenant will be going off 1 month before the 1 year contract, what about the utilities deposit will it be forfeited as well (1/2 month utilities deposit)?
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ALWAYS get the full month's rental EVERY MONTH. NEVER deduct from deposit. Experience taught me that you will be thankful once you look at the conditions of the place when they move out. Tell them they will get back the deposit 2 weeks after you check the place and settle any outstanding utilities.
meejawa
post Aug 29 2009, 05:02 PM

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QUOTE(jasonhanjk @ Aug 29 2009, 04:44 PM)
So do you deduct their deposit if they run down the place?
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Isn't that the very purpose of deposit anyway? Unless it's wear and tear, and if both parties are reasonable then can always discuss. What I was refering to was the worst case, so you can use the deposit to deduct unpaid rental, unpaid utilities bull or damaged fixtures.
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