Until now, I always advised my clients and tenants that the last month of rent has to be paid in full and the deposit, which we hold in a separate, interest baring account, will be returned to the tenant with interest or have a portion applied towards damages created by the tenants with a full, detailed explanation and copy of a contractor invoice.As you can see, if an owner deviates even a bit from this law, or if the owner used the deposit and did not keep it in a separate checking account, then the tenant can get the equivalent of two months of security deposit and attorney fees.This article was written by an attorney that specializes in representing tenants.

@Brandon HallThanks for the explanation!

All new to me.I appreciate the explanation.

Can anyone give us newbies a complete explanation of the forces that make interest rates move?

I've been teaching this for 18 years and many have asked that give a brief explanation.

Thanks Galvin,Thats a good explanation.

The deal was accepted and then the owners backed out after a week with no explanation.

It seems similar to an FHA loan but minimum down payment is 3% and there is no PMI from my understanding, but you can only purchase property in certain areas.I was able to dig this explanation of it online.

Why do you think she owes you an explanation about why she does business the way she wants to do business?

Thanks for your very helpful explanation!