I was denied my security deposit because the landlord claims it was never transfered into escrow during the sale of the property. Is this my fault?

Question Details: I used to rent space at a strip mall which has been sold at least 3 times. During that time, I subletted my space to someone who left a security deposit of $2500. Now the space is rented to a brand new tenant who signed a brand new lease. I'm now released from the contract. The property management won't give me my deposit of $7,400, because they claimed they only recieved the $2500 from the subleasee. They have a document which states I did have the security deposit, but because it was not transfered in escrow, they can't give it back to me. Who is responsible my deposit?

Asked 10/21/2009 under Real Estate | 144 View(s) | More Legal Topics

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Madan Ahluwalia / Ahluwalia Law P. C. Answered 2 years ago | Contributor with 0 answers This attorney is licensed in California

the new owner is supposed to recieve signed form from the renters regarding rents and deposits. If they did not, they violaged the norm/law. Sue the old tenant, new tenant and management company in small claims court.

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