Sunday, July 03, 2005
your landlord probably owes you money!!!
IF YOUR LANDLORD TAKES A DEPOSIT ....
FROM YOU, THEY ARE SUPPOSED TO PUT THAT IN AN INTEREST BEARING ACCOUNT, OF AT LEAST 5%. EVERY 12 MONTHS, THEY ARE SUPPOSED TO GIVE THE RENTOR THAT INTEREST MONEY. LANDLORDS KIND OF RELY ON PEOPLES IGNORANCE OF THE LAW ON THIS ONE.
THE LAW SAYS IF YOU HAVE TO SUE THE LANDLORD TO GET THIS MONEY, THE LANDLORD HAS TO PAY ALL COURT COSTS, INCLUDING YOUR LAWYER. SINCE THIS IS A REMARKABLY EASY CASE FOR THE PROSECUTOR, THE LANDLORDS USUALLY BACK DOWN AND PAY.
I discovered this while searching for tenants rights.
FROM YOU, THEY ARE SUPPOSED TO PUT THAT IN AN INTEREST BEARING ACCOUNT, OF AT LEAST 5%. EVERY 12 MONTHS, THEY ARE SUPPOSED TO GIVE THE RENTOR THAT INTEREST MONEY. LANDLORDS KIND OF RELY ON PEOPLES IGNORANCE OF THE LAW ON THIS ONE.
THE LAW SAYS IF YOU HAVE TO SUE THE LANDLORD TO GET THIS MONEY, THE LANDLORD HAS TO PAY ALL COURT COSTS, INCLUDING YOUR LAWYER. SINCE THIS IS A REMARKABLY EASY CASE FOR THE PROSECUTOR, THE LANDLORDS USUALLY BACK DOWN AND PAY.
I discovered this while searching for tenants rights.
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