Legal Question in Real Estate Law in Texas
Accepted a deposit of $700.00 from a tenant to hold a house that she wanted to rent from us on the 1st of the following month. We did not write up a contract at that time because she was not moving in for 20 days. When the 1st came we called to see about rent and they advised that husband was laid off and they no longer wanted the house, but that wanted there deposit back. We told them no because they asked us to hold the house and we could have rented it several times, but we held it for them. Are we legally allow to keep the deposit?
Thank YOu
Asked on 1/24/10, 9:41 am
1 Answer from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
Yes. Leases for less than a year are not required to be in writing.
Answered on 1/30/10, 10:09 am