Thor Sveinbjoernsson
You have 6 months to liquidate your assets
26 October 2021 | 380 replies
There are so many economic dynamics yet to be determined because of so many moving parts who can say he/she/it has a clear picture of the immediate future, e.g. 6 - 12 months from now.I believe real estate will remain a top investment asset but available cheaper and with better terms, Subject Tos, Lease Options, Contract For Deed etc.Lenders, as always, are turning chicken and tightening the qualifications for a loan.To me it is encouraging many homeowners can defer a few payments to the back end of the loan rather than forfeit the home.
Kirk Cochran
Terminated Month-to-month Landlord Demanding Extra Month's Rent
21 July 2016 | 20 replies
(b) The tenant does not forfeit the right to a refund of the security deposit or the right to receive a description of damages and charges merely for failing to give a forwarding address to the landlord.
Michelle Elsaid
Tenant asking carpet replacement - will pay 50%
17 July 2017 | 19 replies
Just get the agreement in writing that she agreed to pay for 50% of the TOTAL COST of carpet installation, and that upon termination of the lease she forfeits any funds contributed to that project and holds no claim.
Paul Sandhu
Tenants complaining about bugs
7 June 2020 | 16 replies
If they fail to sign the lease and move in, they forfeit all deposited funds.
Sohil Shah
Security Deposit - Return or Keep
17 June 2020 | 7 replies
If you have a written agreement that the tenant forfeits the deposit if they fail to give notice, then it may be enforceable, but I doubt it.Don't punish people for leaving on the date you agreed to.
Matt Lorenzo
Security Deposit as Last Month's Rent?
18 June 2020 | 13 replies
With no deposit, you have no safety net.This means you should have her sign something stating that she is vacating the premises and forfeiting all right to the property.
Leon F.
Lease w/ Option 2 Buy gone WRONG!!
16 May 2021 | 57 replies
-I understand that the 15K deposit to exercise the option to buy will be forfeited if I don't exercise the option.The point of a lease option is to collect money up front as a DP or charge a higher rent, part of which goes toward the down payment if they don't have the dp right now.
Sofiya Cherni
Tenant wants to break lease early, I agree. What document?
11 November 2020 | 2 replies
Tenant agrees to forfeit the security deposit in the amount of _____________ in exchange for early termination.
Kyle Spinale
Foreclosure list and hearing because of taxes?
5 February 2017 | 7 replies
In a nutshell it says that properties with unpaid taxes were forfeited to the Treasurer.
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.