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What is a move out balance?

What is a move out balance?

Balance Owed After Move out – Demand for Payment If the cost to repair the damages to the property exceeds the amount of the security deposit, then your tenant will owe you the difference. With this form, you can notify your former tenants when they owe you for damages not covered by the security deposit.

What to do about move in fee for condo?

Seller can call the board and managing agent to ask if every buyer went through the process. If that is what the condo does with all sales, you can either spend on a lawyer to enforce the contract and work nicely with the seller to reduce the paperwork requirements. Suck up the fees. Move in fee is very common. So is the application fee.

What to ask in a condo application package?

CONDO application packages are total bullshit. The only things — legally — that a condo association (they’re not really a “board”) can ask of any applicant are your name and current address. THAT’S IT.

How much does a move in fee cost?

Also a number of fees: $500 damage deposit (refundable); $400 move in fee; $300 application fee; $125 credit check fee. The amount of information requested is both a pain in the ass, and frankly I don’t think other condo… [more]

Can a condo reject you if you buy an apartment?

The condo cannot reject you unless they buy your apartment. However, there have been numerous problems with new buyers defaulting on monthly maintenance. If you get all the financials on a new buyer, you have a lot of information helpful in getting your money.

Seller can call the board and managing agent to ask if every buyer went through the process. If that is what the condo does with all sales, you can either spend on a lawyer to enforce the contract and work nicely with the seller to reduce the paperwork requirements. Suck up the fees. Move in fee is very common. So is the application fee.

CONDO application packages are total bullshit. The only things — legally — that a condo association (they’re not really a “board”) can ask of any applicant are your name and current address. THAT’S IT.

The condo cannot reject you unless they buy your apartment. However, there have been numerous problems with new buyers defaulting on monthly maintenance. If you get all the financials on a new buyer, you have a lot of information helpful in getting your money.

Also a number of fees: $500 damage deposit (refundable); $400 move in fee; $300 application fee; $125 credit check fee. The amount of information requested is both a pain in the ass, and frankly I don’t think other condo… [more]

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