Can a landlord withhold a security deposit after agreeing to end a lease early?

Full question:

After lots of issues regarding the quality of the apartment and his inaction resolving those issues, the landlord informed me he was going to sell the apartment. When he informed me of such, I informed him that we would begin looking for a new apartment. We found a new apartment and gave the landlord over 2.5 months notice. He was fine with this and never mentioned anything about withholding the deposit. We've vacated the apartment and moved into a new apartment. The landlord, now 18 days after the apartment was vacated, is telling me that he is going to withhold a significant portion of the security deposit. All of the reasons (with the exception of 1 minor one agreed to) were not mentioned during the final walk-through the day of vacating. So. 1. The landlord agreed to let us out of the lease early but is now claiming that we broke the lease and he never agreed to 'let us out of it.' Are there laws protecting tenants or allowing termination of a lease if a place is being sold? He may try and make us liable for the two months unoccupied, but he has not tried to re-rent the place. 2. Is he bound to the verbal agreement during the final walk-through?

  • Category: Landlord Tenant
  • Subcategory: Verbal Lease
  • Date:
  • State: New Jersey

Answer:

Tenants typically remain responsible for their lease obligations even if the property is sold, unless the lease states otherwise. For more information, users can search for state-specific legal templates at . In New Jersey, a landlord must return the security deposit within thirty days after the lease ends, minus any agreed-upon deductions (N.J. Stat. § 46:8-21.1). The landlord must provide an itemized list of any deductions and notify the tenant by mail. If the landlord fails to return the deposit on time, they may face penalties for withholding it improperly.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

Suing an apartment complex can be challenging. You must prove that the complex violated your rights or breached the lease agreement. This often requires evidence, such as documents or witness testimonies. Depending on the case, you may need to navigate local laws and court procedures. It’s advisable to consult with an attorney to assess the strength of your case and understand the legal process involved. Keep in mind that many disputes can be resolved through negotiation or mediation, which may be less complicated than litigation.