Asked by Anonymous
What happens to the deposit when you renew the rental agreement?
The initial agreement was for 2 years - so paid $4000 deposit.
Now the renewal is for 1 year. (so should be $2000 deposit)
But the LL agent asking to keep $4000 deposit even though renewal is only for 1 year. Is this correct practice?
The initial agreement was for 2 years - so paid $4000 deposit.
Now the renewal is for 1 year. (so should be $2000 deposit)
But the LL agent asking to keep $4000 deposit even though renewal is only for 1 year. Is this correct practice?
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