Several years ago, I was renting a home and after 1 year I decided I was paying too much and decided to move. When I requested my deposit back from the owner, he refused. Ultimately I had to go to court to get the money back. The notable thing that I wanted to share is the argument my attorney used to win the case. Everyone needs to consider this issue and do their own Do Diligence. My attorney stated that the deposit money must be kept separate and NOT co-mingled with other moneys according to the state of Florida. Co-mingling can cause some real problems and everyone should check out the laws of their own state. This may or may not be an issue for everyone, but you should check it out with your attorneys.
Do not fear, for I am with you; do not be dismayed, for I am your God.I will strengthen you and help you; I will uphold you with my righteous right hand. Isaiah 41:10
Several years ago, I was renting a home and after 1 year I decided I was paying too much and decided to move. When I requested my deposit back from the owner, he refused. Ultimately I had to go to court to get the money back. The notable thing that I wanted to share is the argument my attorney used to win the case. Everyone needs to consider this issue and do their own Do Diligence. My attorney stated that the deposit money must be kept separate and NOT co-mingled with other moneys according to the state of Florida. Co-mingling can cause some real problems and everyone should check out the laws of their own state. This may or may not be an issue for everyone, but you should check it out with your attorneys.
Tim
Tim
Keep on Keeping On !!! Expect it, God has already given it to you. You just need to get out there and grab it!
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http://www.deangraziosi.com/real-estate-forums/investing-journals/33874
Do not fear, for I am with you; do not be dismayed, for I am your God.I will strengthen you and help you; I will uphold you with my righteous right hand. Isaiah 41:10