Monday, December 12, 2011

Do you think Antonio was right to move after his lease?

He told me that two incidents had caused him to move





1. He said that on his 2nd month's rent he was given a late fee because his scholarship did not come in time which was his only way of paying for rent and the manager who was there was unwilling to not make him pay the late fees even though it was out of his control because his school had sent itto the wrong address.





2. He said on another occasion a manager was rude because he had tried to explain to her that while he did deposit the correct amount of money for his rent in his account that it would not have processed by the date it was due by the bank and the manager was telling him if the check bounced he would be charged a late fee. His bank had decided to pay it for him even though the money was not processed but he had to pay an overdraft fee of $35 and was never refunded it by his apartment complex. He felt that considering that a check was only method of payment that they should have been willing to work with him.





He said their behavior and money hungriness in addition to a cheaper rent elsewhere was the reason he left and he is glad because they lost more than if they had given him the breaks and if he had chose to renew his lease.|||they sound stupid. If I was him I would take my rent elsewhere and tell to find another idiot.|||Antonio sounds like a whiner who needs to learn better money management. There is NO acceptable reason for being late on rent or bouncing a check. Landlords are in business to receive their rents, not listen to excuses.|||Antonio has a right to leave when his lease is up . . . but he must realize that in both case HE was in the wrong and should have handled his business more professionally.





An apartment manager, landlord or mortgage company does not care when you get paid . . . you signed a lease which tells you when you will incur late fee. This is applied to ANYONE who is late, no exceptions.





On the second point, he wrote a check against funds which were not available. It does not matter WHO he wrote the check to, he would have been hit with an overdraft fee OR the bank would have simply bounced the check and he would have had fees to whomever he wrote it too.








Sounds as if Antonio is unable his finances and must realize that this is what the real world has to deal with on a daily basis, it does not matter that he is a college student. Funny how NONE of this is his fault, even though HE signed the lease to the conditions and was well aware of the terms before he moved in. Sorry, but they will just replace him with someone who CAN pay their rent.|||1. The manager charged a late fee because the rent was late. The reasons for the payment being late are irrelevant. By his reasoning, Antonio should bill the scholarship grantor his late fee.





2. The $35 overdraft charged was because Antonio did not understand the fundamentals of a bank checking account. The $35 overdraft was charged by Antonio's bank, so he should dispute the charge with his bank (which profited off the exorbitant bank fee).





What do you mean "right"? Antonio can choose to live where ever he wants. If he found a cheaper place that he thinks will be more lenient, then it was right for him. However, it's doubtful any landlord would handle these situations differently -- although it really depends on the rental market. If Antonio is in a high-vacancy rental market, then his landlord should consider some leniency to retain troubled tenants like Antonio.





Antonio does sound immature and inexperienced. Requiring rent on-time isn't "money hungriness" -- it's business. He seems to not understand that dependable, on-time rent payments is the basis of the much of the real estate business. It seems Antonio would greatly benefit from a personal finance course and avoid learning these lessons the expensive way.

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