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All Forum Posts by: Frank Garcia

Frank Garcia has started 1 posts and replied 2 times.

Quote from @Chris Seveney:
Quote from @Frank Garcia:

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? 


 You mention the lead (I assume lease) agreement you received shows oriignal lease for the amount of deposit? What was that number. 

IF you cannot get a copy of the lease, then she would need to show a bank statement from when she made it and prove it was that amount.

What document do you have that shows she gave $850? Did she sign that document?


Thanks for all the insight, and my apologies on the post spelling. I was panicking, this morning. I was scheduled to meet tenant and deal with this issue. The tenant was stating that she gave a 2k deposit. I called my agent that help me purchase property, she said look at the Estoppel. Lo and behold, the tenant signed a $850.00 deposit, she still gave me **** and was saying she would rather stay. At this point I was done and gave $1000.00 to leave. I got paper work signed and she vacated! Now the fun part starts, REHAB. Thanks again! 

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?