A tenant backed out on an agreement to rent a few days after she paid rent & deposit, keys given to her, a few items moved onto property, but did not return a signed lease...am I entitled to lost rent until I can find a new tenant?
1 Answer from Attorneys
Yes, but you must take all commercially reasonable steps to re-let the property as soon as possible. You can hold back pro-rata lost rent and necessary expenses of finding a new tenant. The remaining funds must be returned to her.