I have a rental guarantee in place with the Seller of a property I bought (guarantees my first 12 months rent, regardless of the property's tenant status) in Indianapolis. The company has undergone sweeping changes in the past 4 months and are almost completely unresponsive to me at the moment. They are one month behind making reimbursement payments for the vacant property (tenant had to be evicted) and I am doubting their willingness to honor their agreement.
I am out of the area and am looking for a lawyer who might be able to assist me if I need to take this to small claims. I am going to re-read the agreement and make sure I give them appropriate notice if it comes down to that, but assuming they stop paying, it will be a claim for 3-6 months of rent.
In case anyone is wondering who the company in question is, it's Vision Equity (VE). I did several deals with them and they were once a very good company, but like I mentioned they underwent wholesale changes and are now a complete disaster that I wouldn't advise anybody to get anywhere near.
Thanks for any recommendations or referrals!
@Justin Joseph I am not a lawyer, but there is an Indianapolis lawyer who posts on here frequently, @Jynell Berkshire . Maybe she can help you out. Good luck!
Hi @Rodney Kuhl I saw Jynell mentioned on another post on a similar topic and reached out to her. Thanks for your recommendation!
I would also encourage you to reach out to Joanne McAnlis. She is a real estate investor and a practicing real estate lawyer who advises several local property management companies. She is regularly in small claims court. Here is her contact information:
RE/MAX Ability Plus - Commercial Division
McAnlis Law LLC
Best of luck,
I am more than happy to discuss your issue. I am a real estate attorney, real estate broker and an investor of more than 20 years.
Feel free to contact me if I can be of assistance.
I highly recommend Kevin H. Willis. Very responsive and good results. [email protected]
Thanks so much for posting this. I have a resident MD in Indpls that has to vacate immediately and will owe me late fees, 2 months rent and cleaning due to his student loan premium increasing. I will be contacting these 3 attys as I am in Florida. Wish me luck and I hope you achieved success.
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