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    Marcellus Calda's Avatar
    Marcellus Calda Posts: 1, Reputation: 1
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    #1

    Jun 24, 2008, 11:50 AM
    Security Deposit and no contract
    I contacted a Lease Company and I made a deposit to security a townhome in Manhattan, Kansas. However, after a week, I decided to cancel the reservation. I did not sign a contract of lease. This company is say that they will keep the deposit and I have to pay U$365 dollars until the townhome is rented. How can they do that if I do not have any signed contract? Is there any law that can help me with this conflict?
    Thanks
    LisaB4657's Avatar
    LisaB4657 Posts: 3,662, Reputation: 534
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    #2

    Jun 24, 2008, 12:12 PM
    Did you sign anything when you gave then the security deposit? If so, did it state whether the deposit was refundable or non-refundable?

    If you didn't sign anything, or if it didn't mention anything about refunding the deposit, then the landlord will be entitled to keep the deposit as compensation for taking the townhome off the rental market for you. However if you didn't sign a lease then I don't see how they can charge you anything else.
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