Electric company and new tenant
The electric company has required my new tenant to make a huge deposit due to 'previous late payments'. The company renting my property already has 86 rentals in the state and mine is the 87th. The company renting my property has not had this happen with their other 86 property rentals.
I record all conversations. I have records stating the deposit requirements for turning on electric are completely different than this situation. Just because they are my tenants there is a different requirement than ever before?
Has anyone experienced this before? What would you do in this situation?
Most Popular Reply
#1 Tenant Screening Contributor
- Honolulu, HI
Aloha,
Your post is not very clear. I am assuming the "company renting your property" is reference to a PM company that is managing the property for you. I also am assuming that the PM has found this new Tenant.
If both of my assumptions are true, then it seems obvious the Electric company knows more about the Tenant than your PM. The Tenant likely has not paid Electric or other utilities at prior rentals, and is therefore a bigger risk to the Electric company, which is why they are requiring additional deposit. There is nothing unusual about that, except your PM should have adequately screened the Tenant and discovered what is a big red flag.