Aerial Funding LLC

*** *** had a lease signed with Property Manager, *** *** ***, for one of our properties in *** *** *** See lease attached. The lease amount was for $995.00/mo We had a major sewer issue, and in March of the property manager told us we should
probably put her in a motel since she could not use the plumbing. We agreed to do this, and the property manager informed the tenant *** *** that she should go to motel and that we would reimburse her $to $per night. See attached e-mail from *** *** of the Property Management Company. Once she moved into the motel, we found that our sewer issue was a major issue and it would take months to repair. *** *** was informed of this by *** *** and that she should probably find a new place to live and they would let her out of her lease. We were also told that she was informed by *** *** to make a claim against her renter’s insurance She was advised to get Renters Insurance in her lease in section in the attached In fact, according to our insurance company, Renters Insurance are the ones that should pay for and are responsible for her motel stays. We did try to submit her motel receipts, for re-imbursement, to our insurance company but they we were denied as her renters insurance should cover. Per our agreement with the Property Management Company, we had already paid *** *** on March 27th, $(see canceled check copy) before we found out that it was her renters insurance that was responsible for this. At the end of June, *** *** through the property management company submitted additional receipts to be paid. These receipts totaled more than the $to $per night we were told was agreed upon by the property management company and the tenant. We also never received rent for the April period of time the tenant was leasing the house. Therefore, we paid ** *** the remaining agreed upon of the higher amount of $per night, even though she should be collecting this through her renter’s insurance, subtracting out the rent per day that should have been collected by property management of $33.17, for the time ** *** was in the house. See attached accounting ledger and additional check cut for $dated July 5th. According to our bank records, ** *** has not cashed this check as of today. When the check was sent to her at her new address, the accounting ledger attached was also sent to her, and a letter reminding her to make a claim to her renter’s insurance and if there were any problems to contact the property manager she had the agreement with. We have not heard from Ms*** nor the property manager that there was a problem. I am not sure what more we were supposed to do here. I felt like we did more than we were obligated to per her lease with *** ***. Unfortunately, *** *** is saying they cannot get involved now