Answers (2)
- Don Greenberg
- Contributions:315
Very grey area here. It sounds like the broker should do the right thing and return the deposit. No need to create a bad image for yourself (as a company) by doing something like this.
Now the broker may state that he lost potential rental income due to other people wanting the unit while he was holding for you. Either way, $500.00 may not be worth fighting over from the brokers standpoint!
Now the broker may state that he lost potential rental income due to other people wanting the unit while he was holding for you. Either way, $500.00 may not be worth fighting over from the brokers standpoint!
- 458pumpkin
- Contributions:35
You did not get a move in date so No he should not keep it
But if you changed your mind he should keep it.
But if you changed your mind he should keep it.
Is a deposit to hold a rental property for a short period of time, (7 days) refundable.
On January 6, 2011 I made a $500.00 deposit to hold the rental property at 2520 Libretto Avenue, Henderson, NV 89052 until January 15, 2011 which is how long they can hold the place for me. I talked to my wife about the property and drove her around the area to see the property and the community. My wife did not like the place. So on January 13, 2011 I called the broker, Nikki Madera, that we are not renting the place and we requested a refund of our deposit holding the property. There was no lease agreement consummated or signed. The said broker refused and said that it is not refundable as shown in the application to rent that the security deposit is not refundable. In the application it was only explaining the terms of the lease if we decide to rent the property. My deposit was not the security deposit. It was to hold the property for a period of time until we can definitely decide to rent the place. Is the action of this broker right or even ethical?
Roberto Veloso
rocvel@cox.net
(702) 610-9695
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