Joint deposit changes
One of my tenants has separated from his partner and she has now taken on a tenancy of her own. The current tenancy is due to lapse mid February and I am happy to issue another tenancy to the remaining tenant as he is a long standing good tenant. My question is what do I do with regards to the deposit as it is in both tenants names. would I need to get the tenant who has left to write a letter to "relinquish or gift" their share of the deposit to the other tenant? or return it and reissue?
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