Am I able to deduct monthly late fee/charge from security deposit due to fact that a tenant was consistently late paying? thanks
So I have this scenario:Tenant early termination, fee = $800 (equal to one month's rent)Security Deposit = $700 He is entitled to security deposit as per condition of unit, however he has not paid the early term fee, ...
I have noticed over the last year a spike in HOA security deposits. I used to work in real estate and remember whenever had a rental, typically a tenant would be screened and charged an application fee, usually $50-$2...
Hi Guys,
I have a question about a security deposit. A tenant whose lease is almost up owes a small additional amount of rent (a lesser amount than the security deposit) for part of his last month. Does the...
We’re about to take over our property from a property management company. We’re looking for suggestions on where to hold the security deposit once we receive it from the PM co. After calling several banks they don’t s...
Has anyone tried to get a security backed line of credit recently? If so, what are some good banks with rather low cost on them? I currently use Wells Fargo but they are not accepting applications at the moment.
I have a property that is coming out of lease. All of the fees, deposits and rents were paid up front at the beginning of the lease, by the tenants employer. The tenant feels like any security deposit returned funds s...
Hello, BP community. I am running into a wall when it come to having a motivated seller, but not being able to secure the deal and getting the contract signed. Also, is it necessary for me to physically walk the prope...
We rented a 4 bedroom home to 4 UNH students in NH. 2 have requested to move out but they did find a woman to sublease. She seems to check out. The way I understand it the 2 that moved out would get the security depos...
I live in CA. can a landlord ask for a security deposit after ten years unprovoked?