Secured with SHA-256 Encryption
Compare Quotes From Top Companies and Save
Are unused portions of prepaid rent (6 month prepaid lease) treated the same as a deposit dothat the landlord has 21 days to return unused portion of rent if tenant vacates 3 months early? I seem to be getting lots of opinions on this with no verifiable sources.
Asked on August 12, 2012 under Real Estate Law, California
Answered 12 years ago | Contributor
Whether or not pre-paid rent is to be treated as a deposit such as a return depends upon for what type of a lease one has (for example a month to month where someone has pre-paid for six months and then wants to end the lease after month two). If the tenant vacates the unit with pre-paid rent in place and technically the tenant is not on the hook for the months where rent was pre-paid, the landlord is required to return the rent in 21 to 45 days of move out.
IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.
Find the right lawyer for your legal issue.
Secured with SHA-256 Encryption
Secured with SHA-256 Encryption