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Peanut · 10-13-2014, 09:14 AM

Isn't that the whole point of a deposit? To prevent either party from backing out of the deal.

If I was the landlord I wouldn't be inclined to be cooperative either, they had a verbal deal and your friend paid the deposit - the had a deal in principle. But there may be some room for your friend to negotiate based on the fact they didn't actually sign any contracts.

Like if the landlord had found another renter who was willing to pay more, and then tried to just re-fund your friends deposit saying "oh sorry, circumstances changed and you never signed the lease", meanwhile your friend has stopped looking at places, is planning to move in in the next few weeks, etc. that wouldn't be kosher either.

10-13-2014, 09:14 AM	#2
Peanut First Line Centre Join Date: Oct 2006 Location: Fantasy Island Exp:	Isn't that the whole point of a deposit? To prevent either party from backing out of the deal. If I was the landlord I wouldn't be inclined to be cooperative either, they had a verbal deal and your friend paid the deposit - the had a deal in principle. But there may be some room for your friend to negotiate based on the fact they didn't actually sign any contracts. Like if the landlord had found another renter who was willing to pay more, and then tried to just re-fund your friends deposit saying "oh sorry, circumstances changed and you never signed the lease", meanwhile your friend has stopped looking at places, is planning to move in in the next few weeks, etc. that wouldn't be kosher either. __________________ comfortably numb Last edited by Peanut; 10-13-2014 at 09:17 AM.