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Re: Move-In Before Evicting Tenant
on June 15, 2012 @13:42
While I disagree with your accusation that I am being "greedy," I respect the thought and effort you put into your response.
To say my offer "only protects and serves [my] interests" and that I am "greedy because [I] didn't plan [my] living situation better" is rediculous. As I planned according to the schedule my tenants agreed to 45 days prior, I believe THEY should be responsible for ADDITIONAL expenses that result from their holdover. The solution I proposed would only cover SOME of the additional expense that I would incur and the deposit in escrow actually protects their interests (as I cannot access the funds without their consent or a judgement).
Hopefully the following will clarify some of the issues you mention.
1) Double Rent (prorated daily) - Notice "prorated daily." While 200% increase may seem exorbitant, if they truly only want an extra few days, the rent is far less than the additional expense (and inconvenience) to have MY family stay in a hotel. The 200% increase is meant to provide them flexibility while maintaining the incentive to move quickly.
2) Escrow - By having the tenant place the money into an escrow account, WE are both protected.
-I am protected because I know there is assets to cover the additional expenses.
-Tenant is protected because the release of the money requires both HIS & MY agreement. Otherwise, a judge would determine what is fair disbursement. If the tenant has good intentions, there shouldn't be any worry about placing the money in escrow as it is still beyond my exclusive control.
3) My Moving Expenses - I do not see how you interpret that I am trying to have the tenant pay my moving expenses. As I have already paid a non-refundable ~$1500, I would be very happy if the tenant was out of the unit and I burdended the entire cost. However, THEY are the ones who are overstaying their lease and breaking the agreement, I think it is very reasonable and fair to assess the ADDITIONAL moving expenses to them. By placing the money in escrow, it protects them from not needing to try and collect from me, and it protects me from not needing to collect from them. Yet I can feel comfortable knowing that I won't get socked with an additional $1500 moving expense that I can't collect.
4) Offer Current Landlord Double Rent - I know I didn't mention this in my previous post, but I am the landlord at my current property. While I would love to pay myself double rent (prorated daily), I plan to honor my obligation to deliver the property to my future tenants as stated in the lease.
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