Can I hold my property management company liable?

Tenant signed 18 month lease. Tenant broke lease after 4 months occupancy. Tenant gave 1 week notice to vacate at end of month. I was not aware that tenant did not pay security deposit until receiving notice that they were vacating. Tenant used credit card for security deposit; it was declined and money never recouped.

Asked on June 30, 2012 under Real Estate Law, Ohio


M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney

Answered 8 years ago | Contributor

Your rights are governed by your agreement with the manangement company.  It is a contract and if they breached the contract by not obtaining a security deposit then you may have a valid claim.  Read the agreement carefully.  Good luck to you.

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