4 ms·
No, the law is not good at its job. This is in a small college town, it's a large property administration company that looks after ~ 100 investment properties.
by HarryHirsch 8y ago
No, the law is not good at its job. This is in a small college town, it's a large property administration company that looks after ~ 100 investment properties. From what I hear, they habitually do not return the deposit. This shouldn't happen.
How much are you willing to bet? The demand letter is in the mail, if the money doesn't show up next Friday the matter will end up at the qadi's.
- tptacek 8y agoAll landlords habitually don't return deposits. I have rented cheap apartments and expensive apartments and houses and vacation rentals, in college towns (Ann Arbor) and all over Chicago and San Francisco --- all places with good tenants unions. In SF, I paid up front my whole year's rent. I have never, ever had a landlord return a security deposit. Not once. Landlords expect you to come at them for the deposit. If you don't, it's a 13th month rent. The serious renters just treat the deposit as their 12th month rent, but if you didn't do that, or care about your reference, you sue for it. IANAL let alone your L, but at this point, in my 42nd year of life, if I don't get my security deposit back, I drop a buck fifty and put a suit in process, fully expecting the landlord to whine at me and then start the actual negotiation.
- thrower123 8y agoAs somebody who is a landlord, albeit far from the bay area, I've never seen any tenant that expected the security deposit back. Usually, they break the lease before the lease terms are up, and want to have the security deposit applied as last month's rent. I've had nondestructive tenants and am a generally over-nice guy, so I usually go with it...
- tptacek 8y agoI rented a house for a week in Michigan this summer --- the whole rent was paid up front --- and the landlord illegally retained a substantial portion of the security deposit. They have the money. Why would they ever give it back if they didn't have to?
- thrower123 8y agoI'm sure there are scummy ones that do that. The other shoe is that landlords have to deal with the shifty end of people a lot of the time. When I bought my current rental, the previous owner went to great lengths to educate me on what could be done with non-paying tenants and eviction procedures; it seemed that knowledge was hard earned.
- runako 8y agoWait is this really a thing? I've rented in 5 cities across the US. I have never once had to even ask for my security deposit to be returned. It's just assumed that I would get it back, and I do. In the cities where I've lived, I've never heard of anyone not getting their security deposit back. I honestly had no idea we were so lucky!
- tptacek 8y agoIt is really a thing. You've been super lucky. After my first apartment, we started hiring cleaning services to do a pre-move-out clean, which, in retrospect, was pretty stupid, because the condition of the apartment's got nothing to do with anything.
- FireBeyond 8y agoReally. I have busted my apartment complex having "pre-written" the move out report, complete with thousands of dollars of cleaning "required", before we had the inspection. They just made the mistake of leaving it on the PM's desk in sight of me.
- rleigh 8y agoThis got so prevalent in England, that the law was changed UK-wide to require all deposits to go into a third-party deposit scheme so that the landlords didn't have possession of it themselves. Any repairs need to be justified and it can be contested. It is a drastic step to take, but when a significant minority of landlords were abusing their privilege, it was I think a reasonable solution.
- HarryHirsch 8y agoIt was bad in England. In my university town there was a case where the owner of a property administration company simply disappeared with the deposits, he just left the country. Hundreds of students were affected, tens of thousands of pounds in damage. There was a spontaneous demonstration by the students who had lost money in front of the premises, which was obviously a fruitless endeavour. They should have staged a pogrom instead but the folks from the target community would have said "Dude, I've got more brothers than you have got friends", and if we follow the line of thought that incentives guide behaviour, that was the incentive for the students not to have a pogrom that day and for the agency owner to run away with the security deposits. Americans exhibit a fatalistic acceptance of the status quo. Perhaps we are spared the civil war because they are too slavishly obedient towards their superiors.