Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Renting & Real Estate
Finance Discussion Forum

 What do you tell the rental office if you can only pay half the rent for now?
Until my next paycheck, I can only pay about half of the rent. What do you think I should tell them and what will they do?...


 How do we go about buying a house on a lower income?
My fiance and I are trying to find and buy our first home. We are getting married in March and would like to have a home of our own. We are both fairly young and do not have a large income. He has ...


 My Old Land lord wants my forwarding address do i have to give it to him ?
we had a bad ending of our time there and he told me i was losing my deposit so do i have any obligation to give him my address ~ the post office already has it and has already forwarded my mail to ...


 My Lease agreement which my landlord calls generic states that he can evict me at any time is that possible?
I would like more than anything to give him notice that I'm leaving next week but I fear that he will go through channels to get me kicked out, eventhough my deposit should cover most of my back ...


 How can I get a big enough mortgage as a single first time buyer?
I'm a newly qualified teacher, with a student loan to pay off and I'm trying to find a house. They're all over £100,000 and with my wage I can't get anything near that amount. I ...


 How do you find a place to live if you have been evicted?
If you were recently evicted and cannot rent in anyone elses name how do you find a place to live?...


 House with no basement.?
What are some pros and cons of not having a basement. My wife and are looking for a forst home and have found one without a basement. It has two attics for storage and we are worried about resale ...


 Are utilities part of the rent?
Wanting to move out of the house and I was wondering about rent and utilities. I am looking at a 2 bedroom/2 bath apartment in florida. The rent is 700 and it doesn't say anything about the ...


 My husband and I put an offer in on a Short Sale property, but the seller took out all types of things after?
The seller's agent promised and negotiated that all appliances, light fixtures and bathroom fixtures would stay in the property because the seller was threatening to take all types of stuff it ...


 When do you put down earnest money?
My fiance & I are looking to buy a home. We are first time buyers, of course, so we are taking baby steps & trying to figure out what we're doing at the same time. We've looked at ...


 I signed a quit claim deed in May 07 when a mtg brk said he had a buyer for my home. The contract date is up.?
I rcvd a portion of the money but now he tells me the buyer wants out. He is renting the home to a sect 8 lady & he always pays the mtg late & this is going on my credit report. My name is ...


 How to rent with bad credit, bad rental history, new job, and several defaults.?
Just like the title says. I have defaulted on about 10k of debt (have not called creditors yet...), the repo people are after me, I have not talked to the collectors for a year, now.

T...


 What do you do when a person who was renting from you moves out but leaves all of their furniture?
...


 If a house is listed for 177,000 what is a resonable opening bid ?

Additional Details
Think i will lowball!!!!T...


 If i ask for a copy of my lease and they don't give me one but they make a new one and copy it is that right?
my signature and handwriting is not on the paperwork at all....


 How long to foreclosure?
I went through a divorce and recently lost my job. I called the mortgage company to let hem know. Is this something they will work with me on? I can't make the full payment, but can pay about 25 ...


 What is refinancing (in Real estate?)?
The simplest ...


 How should I prepare?
My boyfriend just bought a house and is asking me to move in with him and pay $500 rent. What should i do to prepare myself in terms of legal issues if we were to run into trouble? Should I ask him ...


 Can you please explain simply why an interest only loan is a bad idea?
We plan on getting a conventional loan, but have come to a road block. The PMI, with our poor credit score, makes our monthly payments $200 more than we can afford. We paid off a debt, at the ...


 I'm thinking of selling my house for sale by owner. Who is responsible for the legal fees?
Who is responsible for the legal fees and appraisal and all that comes with selling a house on your own?...



jayzfan4evr
Can a landlord keep a security deposit if you decide to NOT move into the apartment?
If you were to pay a landlord a deposit with the intention of moving into an apartment, but then back out, and the landlord then rents out the apartment to someone else, can the landlord legally keep the deposit or must it be returned? This is a NY issue.
Additional Details
There was never a lease signed...
                     
 




patrickmcc55
Rating
Depends on a couple of points.
Did you sign a lease? If so, when did you give notice that you intended not to take the apt?
If you signed a lease, then contractually, you have defaulted, and the money is his. If he in turn was able to lease the apt at the same period you had a lease for, at no additional cost to him, then he should out of good faith return your money. If it is a relatively small amount of money. (say under $500), if he wont refund the money, then tell him you are taking him to small claims. That may be mnore of a boither to him than money.
If there was no lease, then contractually, he MUST return the money. Give him a registered letter, demanding payment in 5 business days, or you will sue him for the amount and court fees. Add that you will be referring the case to the Attorney General as well.


railway
Only if you signed a lease with none refundable deposit


Katie N
If you signed anything, look at all the print on that document. If you didn't sign anything, I'd contact a legal professional for their knowledge.


beachnut222000
Most deposits are non-refundable...and the Landlord can decide whether or not to give it back if you decide not to get the apartment, most wont...but some do..it also depends on whether or not a rental contract was signed( it may be noted on the contract) Legally there is nothing you can do if he wont return your deposit, due to the fact that taking him to court over it would not be worth your time or effort and the judge will probably determine that the landlord is intitkled to the deposit due to the fact that he held it for you and could have rented it at an earlier date in which he would have had not missed any income from his rental property...good luck, but the best you can really do is ask nicely and hope for the best..


BluntTruth
Yes, you get the deposit back. But...

You signed a lease. That means that you owe the landlord rent. The landlord can keep the deposit to offset any lost rent or costs associated with you ending the lease, such as costs associated with finding new tenants.

You cannot sign a legal document, change your mind, and expect everyone else to act like you didn't sign the document.


photogrl262000
Unless you signed a contract stating the refund was non refundable then you should get your deposit back.


skcs69
I would think it must be returned.


joey322
well, did you sign a lease?? if so, then they may be retaining the security deposit b/c breach of lease.

if you never signed the lease, then they should definitely give you back the security deposit.

now, if it was just a deposit, then you probably can't get that back. that was money to hold the apartment and often times you can't get that back if you don't move in, however, if you do move in many landlords will apply that to first month's rent.

this landlord sounds shady.

take care and good luck getting that back. i hope it wasn't in cash.


lmnop
I don't know about New York, but in Arkansas this happened to my girlfriend (now wife) once. It seems to me that what you are giving a deposit for is two reasons: (1) to hold against damages when you leave or (2) if you decide to not occupy the apartment, this is the price you pay for asking the landlord to take it off the market for a period of time. After all, while they were saving it for person A, they may have missed out on the opportunity to rent it to person B.


Dawn D
I think that it depends on if you broke the lease and he couldn't re-rent it right away. If you decided on the day you wanted to move in, that this wasn't the place for you, he needed some time to find someone else then he has the right to keep your deposit, If you gave him ample notice and replaced you without losing any rent then he should return your deposit.

Read over the contract you signed and make sure that it's not specified in there.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.014
Copyright (c) 2011 Financial Crisis Monday, May 28, 2012 - Terms of use - Privacy Policy