Non-Refundable deposits - Posted by Mike K

Posted by Tom-FL on May 08, 2004 at 21:07:47:

Common sense says that the deposits were collected for cleaning and cleaning occurs when the tenant moves out, and the tenants haven’t moved out, so you will need that money for the cleaning yet to take place.

Unless of course the seller wants to put the cleaning on his credit card when the time comes (jk).

He should either give the deposits to you so they are available when they are needed or return them to the tenants since he will not be doing any cleaning.

Can you do something in court about it? I’ll leave that for our esteemed Legal Eagles here.

Non-Refundable deposits - Posted by Mike K

Posted by Mike K on May 06, 2004 at 10:01:32:

I recently acquired a property in Oregon that already has renters in it. The seller gave me the refundable deposits but not the non-refundable deposits (which are for cleaning). Am I entitled to the non-refundable deposits or can the seller keep them?