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It's not so much the 5% interest as I do know that no banks pay that much these days. It is more the fact that he is a jerk and I want to get out of paying him any more than I already have. It seems to be the concensus that we owe the guy the money, so I guess we will pay him and then deal...
The Florida statutes DO require him to put the money into a separate account and not use the money until it is due him and to notify the tenant of the location of the account. That was in a previous post. He never did this. He does say we owe him the money, but when he originally demanded it...
Thanks HT. This jerk has been negligent in making any repairs for the last 5 year. We did not have working windows for nearly the whole time. We could not open them. The mechanisms were broken and the aluminum frames corroded beyond repair. The repairs were to be done the first year. He...
According to Florida statute 83.49 the landlord has three options. 1) Deposit the money into a non-interest-bearing account and not mix it with his own. 2) Deposit it into an interest-bearing account and pay the interest to the tenant. 3) Post a surety bond and pay the tenant 5% interest on...
What is the name of your state? Florida
My mother-in-law has managed to develop a rather large credit card debt. Her husband died a few years ago and he had her spending under control while he was alive. Now it is out of control and she is in arrears. She is 85. Her method of coping with his...
I'm sorry, guess I was not clear. We do not believe we owe this guy any more money than what we have already paid. We paid the security deposit and the last month's rent in good faith. Do we owe him the increase in the rent for the difference in the last month's rate from what we originally...
We live in Florida. We are in the process of moving to a different home. We have been in this house for over 5 years and are at the end of a 6-month lease at present. Our rent has increased over this period by $240 per month. I have a receipt for the initial rental period that states we paid...
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