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Posted by Steven on March 11, 1998 at 22:24:19:

We are renting a house in NY and our landlords live out of state.
We have been renting monthly for a few months because they wanted to put
the house up for sale beginning this Spring and we were also looking for
a house to buy. During lease negotiations, they had agreed that
as long as the house did not get sold, we would be able to continue
to rent monthly. Now, they have given us notice that they want us out
May 1st with no reason other than they want to put the house up for sale.
It is much sooner than we expected. Our lease is unclear stating that
"if house is unsold, the tenants may have the option of continuing to
rent monthly...". Since moving in, we have heard things about our
landlords that lead us to believe that they will probably "find"
reasons to keep our security deposit and since they live out of state,
we won't have any recourse. We are considering using the security deposit
toward the last months rent even though it says in the lease that we can't
do this. We have never done this before and are worried about the
potential risks. Do you have any advice for us? We would be most
appreciative.

Follow Ups:

• Re: Using security deposit as last months rent TenantNet 3/25/98 (0)

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Comments:
: We are renting a house in NY and our landlords live out of state.
: We have been renting monthly for a few months because they wanted to put
: the house up for sale beginning this Spring and we were also looking for
: a house to buy.  During lease negotiations, they had agreed that
: as long as the house did not get sold, we would be able to continue
: to rent monthly.  Now, they have given us notice that they want us out
: May 1st with no reason other than they want to put the house up for sale.
: It is much sooner than we expected.  Our lease is unclear stating that
: "if house is unsold, the tenants may have the option of continuing to
: rent monthly...".  Since moving in, we have heard things about our
: landlords that lead us to believe that they will probably "find"
: reasons to keep our security deposit and since they live out of state,
: we won't have any recourse.  We are considering using the security deposit
: toward the last months rent even though it says in the lease that we can't
: do this.  We have never done this before and are worried about the
: potential risks.  Do you have any advice for us?  We would be most
: appreciative.


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