Joshua Sclafani
My First Rental - What are your best tips for a 1st timer?
7 May 2016 | 34 replies
Example, in my state the security deposit must be held in seperate account or you could forfeit the entire deposit regardless what the tenants do to your property.
NA Burkart
Tenant sublet house without permission...
28 April 2016 | 12 replies
I spoke with my attorney who advised the tenant broke the lease and therefore forfeited the security deposit.After numerous discussions with the original tenant I learned she had family issues and felt that was her only option.
Kevin L.
tenant wants to paint
1 January 2017 | 46 replies
I approve the colors and I tell them that when they move out, the unit has to be professionally painted back to the original color (neutral) at their expense or they will forfeit their security deposit.
Jack B.
Tenant expected keys without rent upfront
29 April 2016 | 18 replies
Always have a deadline that any deposit to hold a property will be forfeited by a certain date.
Pancham G.
Property management company is asking to be on the Landlord insurance. Is this normal?
16 May 2015 | 21 replies
When my daughter fired them, and threatened to sue so they forfeited the clause in the lease saying she had to pay them the fee you're talking about - they offered my daughter's tenant another property that they managed.So, they were expecting to collect full management from my daughter for firing them, then put my daughter's tenant into another property, where they probably got paid to evict the last tenant that they themselves put into place.And the tenant they found for my daughter were problem tenants, and they knew it, and they were ready to put them into another owner's rental, where they planned to let this complaining tenant continue to make them money on all of the maintenance calls this tenant was likely to drum up.So, my answer to your question - sure it's standard.
Parag Chokshi
cancelling property management contract
20 April 2016 | 3 replies
My daughter had a similar situation, and she told them she planned on suing, but if they would agree to forfeit the termination fees, she would settle for that.
Chan S.
Tenants request Early Termination and shocked at fees
7 December 2016 | 17 replies
I feel lucky that when I terminated my lease early I only forfeited my security deposit.I did however, pay my rent until October 1st and moved out september 20th so they could do work and show the unit easily.My LL had a new tenant in by Oct 15th.
Roy Gutierrez
Boyfriend/Girlfriend breakup and rent responsability
28 February 2021 | 33 replies
If they pass it over, they forfeit it; if they end up moving in, apply it to the security deposit or rent.
Chris Eaker
Oral move-out notice, but can't get it in writing
12 July 2016 | 7 replies
I told them today that they have until July 15 to send the notice or forfeit their deposit.
Dustin Lin
Security/Holding Deposit Issues
29 July 2016 | 9 replies
By that date, if Tenant decides not to rent the unit, then the holding deposit will be forfeited.