Security Disposition resolution is needed. The tenants are going through a divorce and cannot agree on who is entitled to the security deposit. I have only been given a forwarding address for the wife. I have the husband's attorney contacting me with wanting her client to receive half the deposit. Both tenants are on the lease. How do I go about dispursing this money?
The information provided is for general information and does not form an attorney-client relationship. See our .Bill HenryFounding Partner | 18 years of experience
Bill HenryFounding Partner 18 years of experience
First, examine your lease agreement to determine if it addresses disputes between tenants. If it doesn't, the most secure approach would be to obtain a court order directing the distribution of the funds. You can either file a motion in the existing case or ask the attorney to provide a court order. Alternatively, you can seek a written agreement from both parties outlining the division of the security deposit. I recommend you speak with an attorney. If you would like to speak to one of our attorneys to discuss this, please contact us at (303) 688-0944.
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