Previous Owner Keeping Money?

[Nathan Estochen]

Hi all,

Just closed on my first multifamily on Sept 6th. With rent already collected for the month of September, I was expecting 80% of that rent being sent to me (24/30 = 0.8). Having just received that check I come to find that all these extra fees have been deducted from the rent.

Total Sept rent: $1675

Fees from rent: 

Eviction court fees: $480
Management company fees: $120
Terminix, beehive: $189
Energy bill: $153
6 days rent: $334.98

Total: $1276.98

Total rent due to new owner: $398.02

I did not keep on the management company at the time of closing. So correct me if I'm wrong, but aren't all bills that occurred prior to the 6th not my problem and they shouldn't be deducted?

Thanks,
Nate

[Patrick Liska]

do they have receipts ? did the eviction happen in September, or did he just get around to paying it? if any of that happened in September, then it goes against the September rent roll that may have been collected on the 1st, the PM fee should be broken down into the 30 days as well and you only take out 6 days, that was terminated. demand receipts for the work and the paid energy bill.