You keep the earnest money

来源: 2012-07-26 06:36:58 [旧帖] [给我悄悄话] 本文已被阅读:

If a large sum of deposit has been paid, you want to only keep the portion that reflects the "damage" - namely the "potential" rent loss due to taking the property off market.

Prepare a written agreement, explain to tenant and ask him/her to sign a mutual release and agreement on retaining the EMD.

Be firm but flexible. Don't push too hard as it may lead to a lawsuit/complaint.

Also consider tenant situation and the reason for the change. If they are really less privileged people, make it easier for them.

Remember renting is a business, sometimes things just don't work out and you loose some money