Real Estate News

National Business

Real estate Q&A: If I change my mind about renting a place, can they keep my deposit?

Q: We were going to rent a home in a rental community. We filled out the application and left a $250 deposit. A few days later, we were informed that we were accepted and needed to pay an additional $850 for the deposit. We went and left the check but could not finalize the lease because the manager was not at the office. Over the weekend, we decided that we did not want to rent there and called Monday to ask for our money back. They are refusing. Can they keep our money? – Linda

Romare Bearden Park time lapse

Twilight drifts over buildings surrounding uptown Charlotte park