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What happens if you owe money on an apartment?

What happens if you owe money on an apartment?

Now, anytime I try to get an apartment no one will lease to me because the money owed to the old apartments shows on my credit since my name was never taken off the previous lease. I have been renting privately since then but would like to be able to get a place with my name.

When did I move out of my apartment?

I was living with a roommate in 2008 (in Scottsdale, AZ) in an apartment which had both of our names on the lease. I moved out and regrettably did not have my name taken off the lease.

Can an old landlord have money taken from your pay?

Can an Old Landlord Have Money Taken from Your Pay or a Tax Return? If a tenant breaks a lease, the landlord will be owed back rent or other compensation, and the landlord will often seek a money judgment against a former tenant.

What happens if you don’t pay rent on an apartment?

I moved out and regrettably did not have my name taken off the lease. The other roommate moved out 2 months later without paying the rent. Now, anytime I try to get an apartment no one will lease to me because the money owed to the old apartments shows on my credit since my name was never taken off the previous lease.

How did I buy a multi-million dollar apartment complex?

With my brother’s degree in Economics with a focus in real estate, our third partner’s Masters in Accounting and his CPA, and my degree in Marketing, paired with our strong experience in real estate and construction, we came the conclusion that the following points were the general guidelines of what we were looking for in a multifamily asset.

I was living with a roommate in 2008 (in Scottsdale, AZ) in an apartment which had both of our names on the lease. I moved out and regrettably did not have my name taken off the lease.

Now, anytime I try to get an apartment no one will lease to me because the money owed to the old apartments shows on my credit since my name was never taken off the previous lease. I have been renting privately since then but would like to be able to get a place with my name.

Can you buy an apartment with no money down?

Real estate investment education is flooded with no money down and how to use other people’s money to boost returns and enter the game. Because of this, some may wonder why we went such a standard route by using conventional financing to purchase this apartment building.

What happens when a contractor refuses to pay?

When a contractor refuses to pay subcontractor, the subcontractor has grounds to pursue legal action to collect the money that is owed to them.

What happens if you don’t get a payment from a debtor?

If you don’t receive any payment resulting from the demand contact, then chances are that the debtor either doesn’t have the money or just doesn’t feel like paying.

I moved out and regrettably did not have my name taken off the lease. The other roommate moved out 2 months later without paying the rent. Now, anytime I try to get an apartment no one will lease to me because the money owed to the old apartments shows on my credit since my name was never taken off the previous lease.

What happens if your roommate fails to pay rent?

Landlords have the right to terminate a tenancy—and ultimately file an eviction lawsuit if necessary—when tenants miss a rent payment. So, when a roommate fails to pay the share of rent agreed upon, you might have to pay the full amount out of your own pocket in an effort to keep your rental. Your delinquent roommate isn’t off the hook, though.

How can I collect unpaid rent from a tenant who moves?

You can start by using the tenant’s security deposit (if any) to cover the unpaid rent. If the deposit doesn’t cover the two month’s rent, you can sue your former tenant in small claims court (or a similar civil court) for the back rent.