Security Deposit Itemizations and Rent Payment Applications

Landlords are still required to provide an itemization of deductions made to the security deposit to their former tenants within 21 days after the tenant vacates. Even with all of the COVID moratorium laws and rent deferments, landlords’ obligations to provide itemizations have not been waived. In fact, in February 2021, the State Legislature enacted…

Negotiating an Ethical, Legal, and Enforceable Tenant Buyout Agreement

A tenant surrender of possession of agreement is a meeting of the minds that results in a tenant voluntarily moving out for compensation, a rent waiver, return of the security deposit, or any combination of carrots and sticks to motivate the tenant to leave the premises at their own volition. More than “cash for keys,”…