No contract papers for the rental property
I didn't make contract papers with tenant who decided to stay last Aug after one year contract from 2011. Now she decided to leave. Do I lose the deposit made from previous contract? Ordinary rent is $350, but she is paying $290 because of the previous contract was one year contract. We will lose a lot of money because the property is for the college students, it's almost impossible to find somebody for the rest of the school year in this time of the year.