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General Landlording & Rental Properties

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Mark Walker
  • Real Estate Investor
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14
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Security Deposit Transfer - What is THE REAL DEAL ?

Mark Walker
  • Real Estate Investor
Posted Aug 23 2016, 10:38

I am presently purchasing a 6 unit building and have the original leases plus the tenants filled out Estoppels.

However on one of the estoppels the security deposit is larger than stated on the original lease.

Advice anyone ?

The realtors are claiming go by the estoppels....

Wait and see what come over in the transaction......

Doesn't sound good to me to me...

See image below

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