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Moving Out Early, part II

Posted by Ken on November 13, 2000 at 19:05:37:

In Reply to: Receiving Security Deposit posted by phredude on November 13, 2000 at 18:48:37:

When you have a two year lease, you agreed to pay rent on that apartment for two years. If you fail to do that the landlord "could" legally demand that you pay up on your obligation. In most states he must mitigate his damages (advertise and try to re-rent the apartment). He could charge these expenses and lost income from your deposit.

More common would be for him to let you out of the lease. In this case the deal is whatever you and your landlord agree to. If he has formally "released" you from the lease, then yes, he must return your deposit, assuming no damage.

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