landlord advice
Eventually we as “landlords” will eventually be faced with a similar situation. I have a tenant who is approx. 6 months into a one year lease. in the middle of last month the tenant informs me that he/she can no longer afford the rent and will be leaving in two weeks. The two weeks come and go with no move, when i go up to the apt. tenant states that the new apt he/she will be moving into is not ready and would it be possible to pay half months rent for an additional 2 weeks. a few days later tenant asks me if I cashed the check, stating that there will be insufficiant funds available due to tenant placing a down payment for his/her new apt. Tenant request that I use the security deposit as payment instead. I inform the tenant that the lease states that secutrity deposit will not be used as payment.especially since numerous walls are painted black and brown with holes in the wall due to pictures. due to the current economic picture I can’t just absorb this loss. your advice on this matter is greatly appreciated. thanks
