2010/07/19 02:58:37 PM Shana Posts: 1	Hi I advertised my house. A lease was signed. The prospective tenants signed a lease. They paid the deposit. I told them they can move in when I receive the month's rent. I waited a few days and they did not come up with the money. At this point, to save myself from bad paying tenants I told them I'd rather not have them move into my house. Do I have any claim on the deposit as because they did not honour their agreement I have to pay the bond for the month?
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2010/07/21 12:13:35 AM Marc Lunau Posts: 169	I would say it depends on what your lease says under breach and follow the procedure whatever it says there. That you had to pay the bond is not the tenants problem. You would have to pay it with or without a tenant. However, you obviously stopped marketing the place after lease was signed and deposit was paid. Now they are in breach and if not remedied you should claim damages in respect of lost rent until you have found a new tenant. E.g. if that takes 2 weeks, you keep half. -- Investor and Property Manager with value add solutions www.houses4rent.co.za
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