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| Theres a 22 year old Mexican Kid who has been in the business 4 years, ever since he was 18. He is the top producer closing 70 deals per year the last 3 years and he does little advertising. The ... |
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 Do you think it's a bit unfair that real estate agencies, buy bargain properties? |
... before others have had a chance to even see them. Wouldn't it be better if they went to needy families, or something? Especially when there is so much high cost housing and rent now.
... |
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Additional Details
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| Would you live in a caravan to save money? |
| me and my boyfriend are living in a house at the moment that is costing us about £1000 a month to live n including bills, we are trying to save money so we can get our own place. But becuase we have ... |
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 Do landlords talk to ur previous landlord? |
| When applying for a new apartment will a landlord contact ur previous landlord? And if so, what kind of information can they tell em?... |
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 So I got a letter from my apartment that my lease was going up by $100...? |
| and that I need to go and resign my lease because that is up as well. If I don't go to resign the lease what would happen. Can I continue paying what I'm paying now since I haven't ... |
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Odiliaoginbst | When you collect first and last months rent do you have to return the last month's rent when they leave? |
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Neerdowellian
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NO. If they meet the typical terms of a rent agreement, when they confirm that they are leaving at the end of the lease, they do not have to pay the last month's rent because they paid it in advance. It's not the same thing as a security deposit, so it is not something you return. It's essentially the same thing if they leave before the lease is up, with the exception that a fee for breaking the lease is added, plus any additional month's rent that was agreed to upon their signing the lease.
A security deposit is returned, minus the expense of cleaning and repairs to the apartment, if the tenant has fulfilled his obligations to the lease. |
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mary z
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No, the last month your tenant lives in the property is what the last months rent is for..It is to make sure that your tenant does not skip out without paying. |
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estielmo
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I collect first, last and security deposit...
They "live out" the last month's rent and use the security deposit to pay damages, if any... |
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gafpromise
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No, the last month's rent is to pay for the last month. Now if they double-paid for that month you should return one payment. |
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Lauren F
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Depends on how you wrote your lease. Typically yes, although some standard lease agreements allow for the use of last month's rent when the tenant notifies you that they are leaving. That is, if they notify you on June 30 that they are leaving July 31, they might be able to tell you to keep the last month's rent for that period (6/20-7/1). Security deposits can be used to offset any damage beyond normal wear and tear and cleaning, and have to be returned after they move out. |
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globular
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When you collect first and last.
The FIRST is for the first months rent.
The LAST is for when they have given their 30 days notice, you have their final months rent already and don't have to worry about them skipping out and not paying it.
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Vegan
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If they left without notice, then it covers the next month.
Otherwise, if they paid their last month's rent twice, then you have to return the deposit. |
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Gret37
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Only if you are all paid up for the month you are leaving. If you didnt pay for that month they have the right to take it, also if you ruined the apartment in anyway they can take it to fix it up. |
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Bill Z
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First you'd check the apartment for any damage depending on how long the party has lived there. If there is no damage than you have to return the rental deposit. If there is unreasonable damage than you can deduct the cost of the repairs.
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travus72
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if it is a deposet. |
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