Deposits

[Candy Girl]

Hello

Can anyone give me a bit of info about deposits please. If you break the term of your lease do you loose your deposit?? There was 6 of us and 3 had to move out cause they lost their jobs and went home and we can't get another 3 to replace them, so we have to move out now. Our lease was for 1 year, will we loose our deposit??

 

[shesells]

In short yes, and you could be liable for the rent due for the rest of the lease! Who signed the lease? All of you? This isn't just a case of walking away, are you sure you can't get three more? Does your lease say you are responsible for replacing tenants?

 

[ValfrannyC]

UNFORTUNATELY I would say yes. though it is not necessarily your fault, it isn't the fault of the land lord/lady either!" It's a cruel cruel world!