This is holding deposit -- law does not say how much should be paid or refunded.
Essentially, the potential broke a contract, and you have the trouble to find another tenant. His legal liability is the amount to compensate your trouble to find another tenant. It can be $100, $500 or $3000, depending how much a court would rule, or how much you get agreed with him.
Essentially, the potential broke a contract, and you have the trouble to find another tenant. His legal liability is the amount to compensate your trouble to find another tenant. It can be $100, $500 or $3000, depending how much a court would rule, or how much you get agreed with him.