rent check bounced. He said on JAN 19th that he sent us new checks out. We hadn't received them as of Jan 27th so we got the keys back from him. We still haven't received the checks. We still have a contract with him, he doesn't have the keys, and of course he hasn't moved in. Is the lease void, or is he LATE, and owe us money?
2007-02-11 00:38:32 · 8 answers · asked by GoogleMeBiotCH 1 in Business & Finance ➔ Renting & Real Estate
*** SHOULD we report him?? ****
2007-02-11 01:10:39 · update #1
keep all your documents in case he decides to sue..
you counter that...payments were not in order..
get someone in that can at least pay the first months rent and deposit...
put in your new contract..
www.lawdepot.com
a clause for not paying and late payments (eg $50 for late payment justified by the time you need to chase these people to pay).
2007-02-11 01:16:15 · answer #1 · answered by m2 5 · 1⤊ 0⤋
oftentimes your deposit is first and very last months lease. i'd ask your landlord and make certain at the same time as they prefer the first price because previous due costs would properly be a authentic nightmare. i take advantage of to stay in a house and the owner grow to be very shady and tried to make me pay previous due costs. it is maximum ideal to continually pay your lease on the first if that is what it says on your lease. in case you've been there in the midst of the month they might basically say pay it on March 1st yet make certain with the owner. My wager will be you need to pay the lease February 1st using the undeniable fact that possibly wasn't coated on your deposit.
2016-12-04 01:05:16 · answer #2 · answered by huehn 3 · 0⤊ 0⤋
In Texas the contract of the lease wouold be void if he can't come up with the money in a timely fashion. Usually 3 to 5 business days.
2007-02-11 00:43:27 · answer #3 · answered by celticwarrior7758 4 · 0⤊ 1⤋
Consider yourself lucky that you found out he was a deadbeat BEFORE he moved in.
Start looking for a new tenant now. Then after you can figure out how much money you actually lost (in rents not paid, apartment sitting empty) and if you feel it necessary you can sue him in small claims court. But don't expect to collect your winnings easily, as if he can't afford to pay now, he probably won't pay later either.
2007-02-11 01:22:29 · answer #4 · answered by Gem 7 · 1⤊ 0⤋
He returned the keys. Consider the lease void as there is no valuable consideration due to the bounced checks.
In theory anyway you migh be able to proceed against him but you'd be wiser just to cut your losses with this deadbeat and find a better tenant.
2007-02-11 01:25:58 · answer #5 · answered by Bostonian In MO 7 · 2⤊ 1⤋
I wouldn't touch this guy with a bargepole by the sounds of him. If he can't even be relied upon for his deposit and first month's rent, then you will constantly wonder if his next month's rent is actually going to turn up.
I would ditch him and get someone else. Someone more trustworthy, and if it's possible I would get them to arrange to pay rent etc direct from their bank account to yours, not by cheque.
2007-02-11 00:48:01 · answer #6 · answered by emsr2d2 4 · 1⤊ 0⤋
You have to ask yourself if you want to continue doing business with this person. A lease is a contract and it has been broken. You decide whether or not you wish to uphold it for him. I sure wouldn't. Move on.
2007-02-11 00:43:42 · answer #7 · answered by Barbara 5 · 1⤊ 0⤋
let it go put it back on the market who needs the stress you cant even get a check to clear youll waste time and money in court let him go away
2007-02-11 00:47:12 · answer #8 · answered by tom c 1 · 1⤊ 0⤋