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Updated about 3 years ago,
Bruce LynnPoster#2 Real Estate Agent Contributor
- Real Estate Broker
- Coppell, TX
- 4,317
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Deposit vs Rent from Property Management Company
Is this normal?.....investor client uses PM. Tenant moved out....with months of unpaid rent and of course damage enough to eat up entire deposit. Since they applied the deposit to rent, then they're charging the 10% PM fee. Does the owner have the choice on how it gets applied, so they could save the 10% fee....or is it worth the fight?