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8 January 2021 | 27 replies
Of course, you have to be willing to forfeit the potential profit you have from appreciation.
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5 June 2020 | 3 replies
This usually requires the tenant-buyer to pay an option fee, which is forfeited if they do not purchase the home during the option period.This could be a great strategy for you here!
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11 June 2020 | 28 replies
The only time that is touched is when the tenant moves out and you conclude there are no damages that requires them forfeiting it.
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11 June 2020 | 13 replies
If you don’t think that you will collect on a judgement or just don’t plan on going after them you could offer to waive their balance owed minus the security deposit to see if that would motivate them to leave on the condition that after a specific date the offer is forfeited.
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9 September 2020 | 15 replies
My lease also states that if they break early they forfeit the deposit so this is more I would get in the forfeiture.
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9 September 2020 | 50 replies
Only question is do we just make them pay half of the remaining lease and forfeit their deposit Or just charge them for the time to re-rent ie. repairs, lost rent, advertising etc.
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21 September 2020 | 9 replies
So, I'm speculating that there may be damages.Can I not include in the lease termination that 1) the security deposit is forfeited to help recover lost rents (because she's not been paying) 2) If the property is returned in normal condition i'll forgive the lease balance and if not I will pursue the balance?
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6 August 2012 | 9 replies
If anything, I guess I can forfeit the EMD or use it as a rental.Thanks for your help.
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6 March 2017 | 51 replies
They had to forfeit part of their premiums because they didn't want to rebuild at the exact same location like the insurance companies were pushing them to do.
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10 September 2012 | 17 replies
My take on what is posted within the above quote: The PM you use got a deposit to hold from an applicant, and this wording in the agreement is used so that if the applicant doesn't sign a lease, the deposit to hold is forfeited.