Did you know... March 16, 2015

WHO’S RESPONSIBILITY??

Tenants are jointly and severally responsible for the terms of the lease. This means that any one tenant can be held liable for all of the responsibilities associated with the lease, including the entire rental payment plus payment for any damages.

This also means that when the landlord completes the deposit accounting, any refund should made in one check, payable to all.  The landlord doesn’t want to get into the middle of who is responsible for what – they are all responsible, regardless of who did the damage or didn’t pay his share of the rent.  Even if one tenant vacated early, unless there is written instructions signed by all tenants to do otherwise, the refund should be payable to all.

We are here to help you and your clients comply with all aspects of the rental market. Please contact us for further assistance!

Nothing found herein should be construed as an attempt to offer or render a legal opinion or otherwise engage in the practice of law. You should obtain the advice of an attorney well versed in these matters.