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10 July 2017 | 7 replies
If they see a better property tomorrow, they can walk away and forfeit their minuscule deposit.
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12 July 2017 | 6 replies
They pay a 2 months fee and forfeit their security deposit.
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9 August 2017 | 35 replies
If the tenant and landlord cannot come to terms then a hearing must be held to determine how much, if any, of the security deposit may be forfeited to the landlord.
26 September 2017 | 25 replies
Yes she was brought up in a wage slave environment, her dad, and gradnpa are retires (with pensions) from IBM, and her mom is still working at her employer hoping that they will come out of bankruptcy so she can retire with the pension she built up (forfeited if she retires while in bankruptcy protection).
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14 August 2017 | 13 replies
This is our clause:In the event that the tenant wishes to break this lease early; the tenants agree: 1) they will give the landlord 60 days notice, 2) they will allow the landlord to show the property to prospective tenants with 24 hours notice 3) they will pay their rent for the entire time that they are residing at the property and 4) they will forfeit 50% of their security deposit as an early exit penaltyWe usually collect 2 months security deposit.
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20 August 2017 | 7 replies
Certificate holders who live elsewhere are forfeiting to Lands Available all the time because they know an investor will buy it otc and he/she will get their money back plus 18%.
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15 February 2018 | 11 replies
I'm not a lawyer and don't know how the state laws go but the security deposit belongs to the tenant unless forfeited in the event repairs need to be made when they vacate.
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9 July 2017 | 10 replies
I don't know how offers are written in your state, but you might also consider whether walking away and forfeiting your deposit is a better decision, though you need an attorney's advice on what the risks are.
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20 July 2017 | 15 replies
I'd be more interested in why buyers are walking away from "agreed contracts".Are they forfeiting their deposits?
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20 August 2017 | 4 replies
Upon investigation I found that the property was forfeited to the federal government due to money laundering fraud.