Deposit

if part of a deposit is given to landlord and lease is signed. if u dont move in should u get deposit back


Asked over 7 years ago in Virginia
Categories: Contracts

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Mel Williams

Answer by Mel Williams

VerifiedVirginia lawyer


Likely no.  The whole point of the deposit is to ensure that the renter follows through with the lease, and is consideration from the tenant for the landlord to hold the premises for the tenant (i.e., not rent it to someone else). Therefore, if the renter does not move in, then the deposit is forfeited.

Posted over 7 years ago

Melvin E. Williams GRIMES & WILLIAMS, P.C. Franklin Commons 320 Elm Avenue, S.W. Roanoke, Virginia 24016 540-982-3711 540-345-6572 facsimile mwilliams@grimesandwilliams.com www.grimesandwilliams.com

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