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Question about a deposit

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Chaddrickjones

Junior Member
Texas

I recently put a $700 deposit down on a salon suite the lease is suppose to start November 1 2017, I currently changed my mind about this location, I notified the landlord October 23 2017 that I found a new location. They told me I may loose my $700 deposit. No were in the lease states that deposits can be held ( only if the property is damaged, I never moved in the suite)
Can the company legally keep my deposit if there was no notification that it was a non refundable deposit and the fact the contract date has not started
 


Ohiogal

Queen Bee
Texas

I recently put a $700 deposit down on a salon suite the lease is suppose to start November 1 2017, I currently changed my mind about this location, I notified the landlord October 23 2017 that I found a new location. They told me I may loose my $700 deposit. No were in the lease states that deposits can be held ( only if the property is damaged, I never moved in the suite)
Can the company legally keep my deposit if there was no notification that it was a non refundable deposit and the fact the contract date has not started
You signed a lease and think you don't have to abide by the contract? You would owe at LEAST one month's rent most likely. The contract is in effect the day you signed it. You screwed up. The company MIGHT be able to sue you for even more money depending on what the contract you signed states.
 

adjusterjack

Senior Member
Texas

I recently put a $700 deposit down on a salon suite the lease is suppose to start November 1 2017, I currently changed my mind about this location, I notified the landlord October 23 2017 that I found a new location. They told me I may loose my $700 deposit. No were in the lease states that deposits can be held ( only if the property is damaged, I never moved in the suite)
Can the company legally keep my deposit if there was no notification that it was a non refundable deposit and the fact the contract date has not started
Learn this, learn it good, and know it forever:

Deposits (for anything) are NEVER refundable unless something on paper says they are.

You RENTED the salon suite starting November 1.

You breached the contract.

Now the landlord has to scramble to find another tenant and you owe the rent until the date he does find another tenant.

That could be a lot more than $700.
 

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