previous property manager did not return security deposit

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previous property manager did not return security deposit

Joyce Huang
Investor · San Jose, CA · Member since 2016 · 4 posts · 0 votes

I just switched to a new property manager, but the old property manager did not send me the security deposit and all the documents and keys and not responding to my calls/emails.

What shall I do?

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Curt DavisBusiness Member
Flipper/Rehabber · Memphis, TN · Member since 2008 · 5k+ posts · 2k+ votes
10y

Get your new management company to collect these items for you.

Curt Davis - KAIZEN Realty538 Reviews
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  • Curt DavisBusiness Member
    Flipper/Rehabber · Memphis, TN · Member since 2008 · 5k+ posts · 2k+ votes
    10y

    Get your new management company to collect these items for you.

    Curt Davis - KAIZEN Realty538 Reviews
    WebsiteView Page
    3Reply
  • Jailen Holt
    Real Estate Salesperson Licensed · Atlanta, GA · Member since 2016 · 114 posts · 22 votes
    10y
    Speak with a real estate attorney
    0Reply
  • Jeff B.
    Buy & Hold Owner · Redlands, CA · Member since 2015 · 5k+ posts · 2k+ votes
    10y

    Also suggest making an honest, factual comment on Yelp . com 

    0Reply
  • Joyce Huang
    OP
    Investor · San Jose, CA · Member since 2016 · 4 posts · 0 votes
    10y

    I got email response from the previous property manager today thank god. They will mail out the doc and security deposit today. So let's see.

    If I did not received the package within 2 weeks, shall I proceed to go arbitration or small claim court?  My management agreement with them says no law suit, shall seek arbitration first.

    0Reply
  • Joyce Huang
    OP
    Investor · San Jose, CA · Member since 2016 · 4 posts · 0 votes
    10y

    Yes, both me and my new property manager are pushing the previous property manager via email/phone calls.

    0Reply
  • Joyce Huang
    OP
    Investor · San Jose, CA · Member since 2016 · 4 posts · 0 votes
    9y

    Another month passed by, the previous property manager still did not send me the deposit. So I put an factual complain on Yelp and warning to file complain with California Bureau of Real Estate. It worked!  I got a call from the previous property manager and they are sending out my package today.

    0Reply
  • Natalie KolodijBusiness Member
    Moderator
    Tax Strategist| National Tax Educator| Accepting New Clients · Member since 2014 · 3k+ posts · 4k+ votes
    9y
    Originally posted by @Curt Davis:

    Get your new management company to collect these items for you.

     This made me laugh out loud. 

    Podcast Guest on Show Pay Less Tax to the IRS This Year With THESE Real Estate Tax Strategies
    Kolodij Tax & Consulting
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    1Reply
  • Kurt K.
    Rental Property Investor · Phoenix AZ / Kendallville, IN · Member since 2016 · 293 posts · 149 votes
    9y

    The power of Yelp.

    0Reply
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