Quote:
Originally Posted by opendoor
The landlord wouldn't be keeping the deposit for damages, it'd be more a case of "agree to let me keep the damage deposit if I can't find a suitable tenant for November 1st or I'll have to sue you for the entire November's rent."
So technically the landlord does have to return the deposit in full, but by that same token the tenant is liable for any rental losses incurred by giving fewer than 1 month's notice.
Like someone else said, it's no different than if a tenant agreed to rent a place and then a couple of weeks before they're to move in the landlord finds someone else who'll pay more and they try to cancel the tenancy.
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I don't agree, nor do I suspect that argument would hold up to dispute. Part of being a landlord is assuming risk that your property may remain vacant. The guy can't just keep money without any paperwork.
I do agree that paperwork is binding, but that works both ways. Court is really the only legal option at this point.