Discontinuation Of Rental Agreement

When a tenant moves, a lessor can use a deposit to pay: unpaid rent, wear and tear beyond normal use and for cleaning in order to put the rental unit in the same condition as before the tenant`s occupation. However, a homeowner cannot use a deposit to repair damage caused by normal wear and tear. Each state allows a lessor to collect a deposit when a tenant moves into a rental unit. A deposit is a payment to the landlord to ensure that the tenant pays the rent and does not harm the property. State laws govern how much a landlord can charge for a bond and when the lessor must return a tenant`s bond. As a tenant, you can terminate a rental agreement of indefinite duration for a specific date, provided that it complies with the legal or contractual notice.

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