tag:blogger.com,1999:blog-21166579.post6584593786133255938..comments2024-02-19T08:12:53.815-05:00Comments on The Right Thing: THE RIGHT THING: THE EARLY BIRD LOSES THE DEPOSITJeffrey L. Seglinhttp://www.blogger.com/profile/15648051034425906705noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-21166579.post-4137105961457516312010-06-21T00:08:40.473-04:002010-06-21T00:08:40.473-04:00In real estate, after :"location,location,loc...In real estate, after :"location,location,location" it is "get it in writing, get it in writing, get it in writing." No ifs, ands, or buts. Real estate transactions require adherence to the written contract or the lease. Period. If not, a smile, word of mouth, and handshake would suffice. This is so clear cut, I am surprised that Mr. Seglin included this issue in an ethics column.<br /><br />Wize Maxey<br />Richmond, Va.Maxhttps://www.blogger.com/profile/08496686864304226424noreply@blogger.comtag:blogger.com,1999:blog-21166579.post-68702581866134305532010-06-20T14:37:29.414-04:002010-06-20T14:37:29.414-04:00Jeffery,
The landlord should hold the deposit to ...Jeffery,<br /><br />The landlord should hold the deposit to offset the losses he has incurred to the break of the lease - both the $400 and the loss of rent income for the remainder of the lease - May to September - which will dwarf the security deposit.<br /><br />Ordinarily, the landlord would be required to mitigate his losses by rerenting but even that would very likely eat the remaining security deposit, especially given the chance of rerenting for five months.<br /><br />The landlord should refer them to the lease terms, tell them to stop contacting him as his decision is final, notify them that any further contact on this matter would be considered harassment. File for a restraining order if they continue.<br /><br />Bill Jacobson<br />Cypress, CABill Jacobsonhttps://www.blogger.com/profile/05109292381489849674noreply@blogger.com