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RPPTL Real Estate Leasing Committee

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[RPPTL LandTen] Security Deposit Issue

L
lesstevens
Mon, Feb 23, 2015 10:59 PM

Landlord and 2 Tenants enter into a standard 12 month Lease with 1 security
deposit. At the end of the 12 months 1 tenant moves out but the other stays
on in a month-to-month tenancy.3 months later, the 2nd tenant under the
lease moves out.Landlord send notice to both tenants of intent to impose
claim after the 2nd tenant moves out...

  1.   Since there is only 1 security deposit pursuant to the Lease, does
    

the Landlord's obligation to provide notice of intent to impose a claim
delayed until the latter of all tenants under the original lease move;

  1.   If Tenants (both) file objection to the Notice (the 1st on the
    

basis of untimeliness, the 2nd based on objecting to the damage claim), who
is responsible for the institution of a suit to resolve? Must a Landlord
file the suit or can he wait for the tenant(s) to file...and for how long
does he have to hold the money if LL is not obligated to file suit.

Seems like an everyday occurrence, but thought I'd confirm the consensus of
the group.

Thanx.

Les H. Stevens, Esquire
Les H. Stevens, P.A.
5301 North Federal Highway
Suite 130
Boca Raton, Florida 33487
Tel. - (561) 989-9797
Fax - (561) 989-8484
E-Mail - lesstevens@earthlink.net



OUR OFFICE NO LONGER ACCEPTS CASHIER'S OR BANK CHECKS AT CLOSING.  ALL FUNDS
MUST BE RECEIVED IN THE FORM OF A SAME DAY WIRE TRANSFER ONLY (NO ACH
TRANSFERS).

THIS MESSAGE IS INTENDED ONLY FOR THE USE OF THE INDIVIDUAL OR ENTITY TO
WHOM IT IS ADDRESSED, AND MAY CONTAIN INFORMATION THAT IS PRIVILEGED,
CONFIDENTIAL AND/OR OTHERWISE EXEMPT FROM DISCLOSURE. IF YOU HAVE RECEIVED
THIS TRANSMITTAL IN ERROR, PLEASE DELETE IT AND NOTIFY THIS OFFICE
IMMEDIATELY

Landlord and 2 Tenants enter into a standard 12 month Lease with 1 security deposit. At the end of the 12 months 1 tenant moves out but the other stays on in a month-to-month tenancy.3 months later, the 2nd tenant under the lease moves out.Landlord send notice to both tenants of intent to impose claim after the 2nd tenant moves out... 1. Since there is only 1 security deposit pursuant to the Lease, does the Landlord's obligation to provide notice of intent to impose a claim delayed until the latter of all tenants under the original lease move; 2. If Tenants (both) file objection to the Notice (the 1st on the basis of untimeliness, the 2nd based on objecting to the damage claim), who is responsible for the institution of a suit to resolve? Must a Landlord file the suit or can he wait for the tenant(s) to file...and for how long does he have to hold the money if LL is not obligated to file suit. Seems like an everyday occurrence, but thought I'd confirm the consensus of the group. Thanx. Les H. Stevens, Esquire Les H. Stevens, P.A. 5301 North Federal Highway Suite 130 Boca Raton, Florida 33487 Tel. - (561) 989-9797 Fax - (561) 989-8484 E-Mail - lesstevens@earthlink.net ____________________________________________________________________________ ____________ OUR OFFICE NO LONGER ACCEPTS CASHIER'S OR BANK CHECKS AT CLOSING. ALL FUNDS MUST BE RECEIVED IN THE FORM OF A SAME DAY WIRE TRANSFER ONLY (NO ACH TRANSFERS). THIS MESSAGE IS INTENDED ONLY FOR THE USE OF THE INDIVIDUAL OR ENTITY TO WHOM IT IS ADDRESSED, AND MAY CONTAIN INFORMATION THAT IS PRIVILEGED, CONFIDENTIAL AND/OR OTHERWISE EXEMPT FROM DISCLOSURE. IF YOU HAVE RECEIVED THIS TRANSMITTAL IN ERROR, PLEASE DELETE IT AND NOTIFY THIS OFFICE IMMEDIATELY
HH
Harry Heist
Mon, Feb 23, 2015 11:05 PM

I like using these forms to prevent these issues.

Harry

LAW OFFICES OF
HEIST, WEISSE & WOLK P.A.
PH: 1 800 253 8428
FAX: 1 800 367 9038
"Serving the Property Management Professional"
Website:  http://www.evict.com/ www.evict.com
Email:  mailto:harry@evict.com harry@evict.com

https://www.facebook.com/pages/Heist-Weisse-Wolk-PA/343965575625870

Visit us on Facebook

THIS E-MAIL MESSAGE IS CONFIDENTIAL, ATTORNEY-CLIENT PRIVILEGED, AND
INTENDED FOR THE PERSONS NAMED ABOVE ONLY.  ALL OTHER USE, COPYING, OR
DISTRIBUTION IS STRICTLY PROHIBITED.

From: landten-bounces@lists.flabarrpptl.org
[mailto:landten-bounces@lists.flabarrpptl.org] On Behalf Of lesstevens
Sent: Monday, February 23, 2015 5:59 PM
To: 'RPPTL Landlord Tenant Committee'
Subject: [RPPTL LandTen] Security Deposit Issue

Landlord and 2 Tenants enter into a standard 12 month Lease with 1 security
deposit. At the end of the 12 months 1 tenant moves out but the other stays
on in a month-to-month tenancy.3 months later, the 2nd tenant under the
lease moves out.Landlord send notice to both tenants of intent to impose
claim after the 2nd tenant moves out...

  1.  Since there is only 1 security deposit pursuant to the Lease, does
    

the Landlord's obligation to provide notice of intent to impose a claim
delayed until the latter of all tenants under the original lease move;

  1.  If Tenants (both) file objection to the Notice (the 1st on the basis
    

of untimeliness, the 2nd based on objecting to the damage claim), who is
responsible for the institution of a suit to resolve? Must a Landlord file
the suit or can he wait for the tenant(s) to file...and for how long does he
have to hold the money if LL is not obligated to file suit.

Seems like an everyday occurrence, but thought I'd confirm the consensus of
the group.

Thanx.

Les H. Stevens, Esquire
Les H. Stevens, P.A.
5301 North Federal Highway
Suite 130
Boca Raton, Florida 33487
Tel. - (561) 989-9797
Fax - (561) 989-8484
E-Mail - lesstevens@earthlink.net



OUR OFFICE NO LONGER ACCEPTS CASHIER'S OR BANK CHECKS AT CLOSING.  ALL FUNDS
MUST BE RECEIVED IN THE FORM OF A SAME DAY WIRE TRANSFER ONLY (NO ACH
TRANSFERS).

THIS MESSAGE IS INTENDED ONLY FOR THE USE OF THE INDIVIDUAL OR ENTITY TO
WHOM IT IS ADDRESSED, AND MAY CONTAIN INFORMATION THAT IS PRIVILEGED,
CONFIDENTIAL AND/OR OTHERWISE EXEMPT FROM DISCLOSURE. IF YOU HAVE RECEIVED
THIS TRANSMITTAL IN ERROR, PLEASE DELETE IT AND NOTIFY THIS OFFICE
IMMEDIATELY

I like using these forms to prevent these issues. Harry LAW OFFICES OF HEIST, WEISSE & WOLK P.A. PH: 1 800 253 8428 FAX: 1 800 367 9038 "Serving the Property Management Professional" Website: <http://www.evict.com/> www.evict.com Email: <mailto:harry@evict.com> harry@evict.com <https://www.facebook.com/pages/Heist-Weisse-Wolk-PA/343965575625870> Visit us on Facebook THIS E-MAIL MESSAGE IS CONFIDENTIAL, ATTORNEY-CLIENT PRIVILEGED, AND INTENDED FOR THE PERSONS NAMED ABOVE ONLY. ALL OTHER USE, COPYING, OR DISTRIBUTION IS STRICTLY PROHIBITED. From: landten-bounces@lists.flabarrpptl.org [mailto:landten-bounces@lists.flabarrpptl.org] On Behalf Of lesstevens Sent: Monday, February 23, 2015 5:59 PM To: 'RPPTL Landlord Tenant Committee' Subject: [RPPTL LandTen] Security Deposit Issue Landlord and 2 Tenants enter into a standard 12 month Lease with 1 security deposit. At the end of the 12 months 1 tenant moves out but the other stays on in a month-to-month tenancy.3 months later, the 2nd tenant under the lease moves out.Landlord send notice to both tenants of intent to impose claim after the 2nd tenant moves out... 1. Since there is only 1 security deposit pursuant to the Lease, does the Landlord's obligation to provide notice of intent to impose a claim delayed until the latter of all tenants under the original lease move; 2. If Tenants (both) file objection to the Notice (the 1st on the basis of untimeliness, the 2nd based on objecting to the damage claim), who is responsible for the institution of a suit to resolve? Must a Landlord file the suit or can he wait for the tenant(s) to file...and for how long does he have to hold the money if LL is not obligated to file suit. Seems like an everyday occurrence, but thought I'd confirm the consensus of the group. Thanx. Les H. Stevens, Esquire Les H. Stevens, P.A. 5301 North Federal Highway Suite 130 Boca Raton, Florida 33487 Tel. - (561) 989-9797 Fax - (561) 989-8484 E-Mail - lesstevens@earthlink.net ____________________________________________________________________________ ____________ OUR OFFICE NO LONGER ACCEPTS CASHIER'S OR BANK CHECKS AT CLOSING. ALL FUNDS MUST BE RECEIVED IN THE FORM OF A SAME DAY WIRE TRANSFER ONLY (NO ACH TRANSFERS). THIS MESSAGE IS INTENDED ONLY FOR THE USE OF THE INDIVIDUAL OR ENTITY TO WHOM IT IS ADDRESSED, AND MAY CONTAIN INFORMATION THAT IS PRIVILEGED, CONFIDENTIAL AND/OR OTHERWISE EXEMPT FROM DISCLOSURE. IF YOU HAVE RECEIVED THIS TRANSMITTAL IN ERROR, PLEASE DELETE IT AND NOTIFY THIS OFFICE IMMEDIATELY