Start your membership account today...  Access to credit reports, 100's of rental specific forms, agreements, letters, checklists, how-to articles, guides, expert advice and much more!  Even a FREE, 3-day trial!

Not a Member?
Get a Free Trial Membership

  Get FREE Stuff! Run Credit Report Rental Forms  Shop & Buy Forms!  Advertise Your Rental Customer Care

Welcome to Landlord.com's Discussion Forum
Sign up Latest Topics
 
 
 


Reply
  Author   Comment  
jeff

Registered:
Posts: 1
Reply with quote  #1 
I have a unit on a major college campus and had it leased this past school year to 3 roommates.  One of the kids moved out and the remaining two stayed, signed a new lease for the coming school year and eventually found another (3rd) roommate to add to the lease before the new lease began.

How do I handle determining what damage was done (and how much of their deposit I return) by the kid that moved out from the past years lease.  Additionally, what how do I handle current damage by the 2 tenants that are staying through another year?  I don't want the new tenant to be charged OR responsible for their damage.

Any help or advise is much appreciated!


__________________
jeff
Marytmary1978

Registered:
Posts: 445
Reply with quote  #2 
depends on what you have in your contract.  We rent to quite a few college students, and mixed room mate

our contract has this

1.       IF THE UNIT IS OCCUPIED BY MORE THAN ONE PERSON, TENANT’S ARE INDIVIDUALLY, JOINTLY, AND SEVERALLY, LIABLE FOR THE RENT, PROVISIONS, TERMS AND CONDITIONS AS STATED HERIN.  If one tenant vacates, the remaining tenant(s) may be required to re-qualify within 30 days of the change in occupancy.  The security deposit, and last months rent if applicable, shall stay with the unit until final termination of all tenants.

Being that you wrote a NEW contract- it may mean that you have to refund the deposit from the OLD contract.....
It is not the landlords problem to determine WHO caused the damages....that is between the tenants.

What we do is to renew the contract with an addendum adding or subtracting tenants.  Did the one who moved send you a notice?  If not, they have not removed themselves ( unless you have a term lease)

Previous Topic | Next Topic
Print
Reply

Quick Navigation:

Easily create a Forum Website with Website Toolbox.

Apartment Finders > > Member Log-in > Free Trial Offer > Free E-newsletter > Customer Service > Get Free Stuff! > Run Credit Report > Rental Forms > Vacancy Center > Do-it-yourself > Evicting Your Tenant > Foreclosure Resources > Landlord Discussion Board > Income Tax Resources > Information Center > Join Landlord.com > Landlord Law > Library > Multi-family > Professional Advice > Rental & Property Mgmt > Rent Collection > Repair & Maintenance > Security Deposit > Software Center > Tenant Screening > Vacation Homes > What's New > Rental Agreements > Free Leases > Inside Our E-store > > Security Deposits > > Landlord Daily News > Rental Agreements >
LandscapingSanJose.net Resources: Cleaner Sunshine coast