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Updated 6 months ago on . Most recent reply

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Frank Garcia
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Seller didn’t transfer full deposit.

Frank Garcia
Posted

I purchased a duplex in California with tenants in place. Seller disclosed leases and may have kept half of deposit. The lead agreement I received shows see original lease for amount t of deposit. I didn’t read this section. I received $1700.00 for both units in deposit which is stated at closing docs. Tenant is leaving g and wants $2000 she said she gave a deposit. I have documentation that’s states she gave $850.00 on escrow statement. But I don’t have original lease. Do I have to give her $2000. Not sure if she has original lease. Even if she does have it, am I on the hook for the 2k? 

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Get a copy of the lease

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District Invest Group
5.0 stars
44 Reviews

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