Culpeper, VA asked in Landlord - Tenant for Virginia

Q: My landlord sold the home prior to our lease being up and refuses to refund our security deposit.

Laine and I (Darrell) provided 60 Intent to Vacate on June 1st, 2020. The owners closed on July 9th 2020, we only want the difference of prorated August.

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2 Lawyer Answers
F. Paul Maloof
F. Paul Maloof
Answered
  • Landlord Tenant Lawyer
  • Alexandria, VA
  • Licensed in Virginia

A: Generally, the new owner/new landlord has the security deposit transferred to their account and their obligation to the tenant at the settlement of the sale. You should speak with the new owner/landlord since they are obligated to assume the lease and the obligations for the security deposit.

Ross Cameron Hart
Ross Cameron Hart
Answered
  • Salem, VA
  • Licensed in Virginia

A: Virginia law specifically says whoever owns the property at the end of the lease has to apply and/or refund the security deposit

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