$4,000 deposit not returned by landlord; Letter to tenant says damage repair exceeds deposit amountEd Sacks
A lease termination letter is a written notice given by the property owner or manager to the tenant, also referred to as a 30-daynotice to vacate. Its purpose is to inform the tenant that their lease agreement is nearing expiration and will not be extended beyond a specified date. This le...
Landlords and property managers may be juggling requests from multiple renters or even running between several properties that they own or manage. Simply asking your landlord to handle maintenance or repair tasks might seem like the easiest way to do it, but it’s also the easiest way to forget...
As a tenant, if you are trying to terminate a lease contract with your Landlord for various reasons like moving/shifting to a new place or due to some problems with the property or adverse relations with the landlord. You are required to send an early notice to the landlord telling him th...
Use a Professional Tone:Maintain a professional and respectful tone throughout the letter. This instills confidence in the recipient and underscores your commitment to addressing the inquiries with diligence and integrity. Provide Specific Details:Offer specific details regarding the inquiries, including da...
property, or is responsible for significant damage to the property, the landlord can consider thelease breachedby the tenant. When it’s the tenant whobreaks the lease, the landlord’s first step after having a professional discussion with said tenant is normally moving forward in the eviction ...
Property Co would treat this as an asset acquisition, assuming that it opted to use the concentration test. A transaction is not automatically a business combination if the optional concentration test does not result in an asset classification. An entity would then need to assess the transaction ...