Holding Deposit Paid, Apartment No Longer Available
July 3, 2012 2:55 PM Subscribe
I know that a holding deposit prevents the landlord from renting the unit to anyone else. What does it guarantee in the case that the tenant currently living in the unit decides to stay? (California)
posted by WasabiFlux to Law & Government (4 answers total)
I am looking to move from my current apartment to a smaller one with my two roommates. We had everything set to end our lease here on the 15th this month, start the lease on a new apartment on the 12th. We applied and were approved, and paid the holding deposit.
Just now we got a call that the tenant currently living in that apartment has "cancelled their notice" and will not be moving out, but another apartment will be available at the end of the month. Our lease here is still ending in two weeks, and we don't know if they'll let us extend it (again).
What are our rights here? Obviously if the previous tenant doesn't move out, we can't move in, and I doubt they can be forced out - but is the landlord on the hook for extra costs incurred to us? What do we do if we have to move out half a month before we can move into the other apartment?
We are moving from Roseville, CA (Placer County) to Citrus Heights, CA (Sacramento County).