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Knowledebase Tag: Residential Leasing
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I manage a property for a husband and wife who both signed a Residential Leasing and Property Management Agreement (TAR 2201). After the tenant vacated, the wife called to inform me of her split from her husband and asked me to forward the tenant’s security deposit to her, so she could make improvements to the property. She planned to live there until matters were settled with her husband. The husband also called. He asked that I return the security deposit to the tenant, less any deductions for damages beyond normal wear and tear. I took deductions from the security deposit and the sent the balance, along with a written description and itemized list of deductions, to the tenant. Will I be liable to the wife since I’ve already refunded the remainder of the security deposit to the tenant? Will I be liable to the tenant if the tenant disputes the deductions I’ve taken?
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