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Re: deposit toward last month rent

Posted by jimmy on May 03, 2001 at 08:52:15:

In Reply to: deposit toward last month rent posted by brenda sellers on May 03, 2001 at 01:24:11:

i don't know individual state laws on the subject of deposit as last rent, but if you talk to your LL you might be able to work something out. i've had several LL's (in different states) accept the deposit as the last rent with little or no problem. others wanted to keep it until i moved out so they could justify keeping it all due to the imaginary repairs they said they'd have to make.

but i think a lotta LL's will be okay with it. after all, they've technically been keeping your deposit in an interest-bearing account the whole year. it might not add up to much, but in many states, the tenant is supposed to get that $$ back, but how often does that happen? the LL still makes a profit and there's less hassle for everyone.

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