BREAKING NEWS

Prince Loses A Portion Of Security Deposit To Former Landlord

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Sep. 15 2010, Published 12:10 p.m. ET

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Musical artist Prince won't be getting back $83,481 of a $150k security deposit that the pop star plunked down for a Beverly Hills mansion, RadarOnline.com has learned.

Judge John Kronstadt made the ruling Wednesday following a nonjury trial in Los Angeles involving a dispute over money Prince allegedly owed for utilities.

The judge denied the landlords $17,450 in claims for an allegedly broken air-conditioning system and fountain, but said they could keep a portion of the deposit.

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He went on to say that there was insufficient evidence to support that Prince had caused the alleged damage.

The amount of nearly $85k was to cover the utilities during Prince's time that he lived at the mansion.

Judge Kronstadt set a further hearing for October 14th to hear any objections to his ruling.

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