To Whom It May Concern:We had managed the property at [redacted] for the owners [redacted] and [redacted] The tenants had been renting the home since 6/14/and had renewed the lease to terminate 6/30/They requested early termination of 2/28/for which we negotiated a termination fee equivalent to two months rent- half to be paid at the move out inspection and the other half to be deducted from the security deposit if our final inspection determined that there would be enough deposit to cover damages as wellOur professional opinion - taking into account the existing condition of the property as evidenced by our video taken prior to the tenant's move in and wear and tear - was that there would be sufficient deposit.A termination fee is collected to compensate an owner for lost rent and vacancy timeThese owners however decided to put the property up for sale so the termination fee collected was somewhat of a bonusWe presented the list to the owners as to what damages would be assessed to the tenantsThe owners wanted to add items that we considered wear and tear as well as levy excessive charges for carpet replacement - not factoring in the age and depreciation of the carpet They also wished to charge the tenant for replacement of a dead tree - but could not prove that it was due to neglect -the rest of the landscaping was in very good conditionAs we explained to the owners our reasoning in trying to dissuade them from not charging for these additional items was to protect them from possible legal action that could be taken against them by the tenant for unfair and unreasonable chargesIf a court were to rule in favor of the tenants, the owners could be liable up to twice the·amount unjustly charged.After assessing the tenants the additional excessive charges the owners insisted on along with the other half of the termination fee, there was a balance due from the tenant in the amount of $The security deposit disposition was sent to the tenant in the required time allotted by the Arizona Landlord Tenant Act with a request for the amount due and a copy was sent to the ownersSince we were no longer managing the propertythe contact information of the owner was provided to the tenant and the tenant information was provided to the ownerWe had advised the owner that we were not a collection agency and by our management agreement were not responsible for any damages caused by the tenant and they could file a claim with small claims court to collect the rest of the money they felt was due to themAll monies that we collected from the tenant was paid to the owners - no repairs that were charged to the tenant were actually done by Arizona Gold's vendors so full amount was given back to owner a payment on March 12,of $which represented the first half of the termination fee and the balance collected from the tenant's security deposit as well as the owner's reserve fund on March 20,in the amount of $2473.70.There is no money owed from Arizona Gold Realty.Their accusation that we lacked in communication is falseThere were several email communications with the owners - they were well aware of everything that was happening and were provided all documents and final accounting as required
To Whom It May Concern:We had managed the property at [redacted] for the owners [redacted] and [redacted]. The tenants had been renting the home since 6/14/2012 and had renewed the lease to terminate 6/30/2015. They requested early termination of 2/28/2015 for...
which we negotiated a termination fee equivalent to two months rent- half to be paid at the move out inspection and the other half to be deducted from the security deposit if our final inspection determined that there would be enough deposit to cover damages as well. Our professional opinion - taking into account the existing condition of the property as evidenced by our video taken prior to the tenant's move in and normal wear and tear - was that there would be sufficient deposit.A termination fee is collected to compensate an owner for lost rent and vacancy time. These owners however decided to put the property up for sale so the termination fee collected was somewhat of a bonus. We presented the list to the owners as to what damages would be assessed to the tenants. The owners wanted to add items that we considered normal wear and tear as well as levy excessive charges for carpet replacement - not factoring in the age and depreciation of the carpet They also wished to charge the tenant for replacement of a dead tree - but could not prove that it was due to neglect -the rest of the landscaping was in very good condition. As we explained to the owners our reasoning in trying to dissuade them from not charging for these additional items was to protect them from possible legal action that could be taken against them by the tenant for unfair and unreasonable charges. If a court were to rule in favor of the tenants, the owners could be liable up to twice the·amount unjustly charged.After assessing the tenants the additional excessive charges the owners insisted on along with the other half of the termination fee, there was a balance due from the tenant in the amount of $1033.30. The security deposit disposition was sent to the tenant in the required time allotted by the Arizona Landlord Tenant Act with a request for the amount due and a copy was sent to the owners. Since we were no longer managing the property. the contact information of the owner was provided to the tenant and the tenant information was provided to the owner. We had advised the owner that we were not a collection agency and by our management agreement were not responsible for any damages caused by the tenant and they could file a claim with small claims court to collect the rest of the money they felt was due to them. All monies that we collected from the tenant was paid to the owners - no repairs that were charged to the tenant were actually done by Arizona Gold's vendors so full amount was given back to owner a payment on March 12,2015 of $1420 which represented the first half of the termination fee and the balance collected from the tenant's security deposit as well as the owner's reserve fund on March 20,2015 in the amount of $2473.70.There is no money owed from Arizona Gold Realty.Their accusation that we lacked in communication is false. There were several email communications with the owners - they were well aware of everything that was happening and were provided all documents and final accounting as required.
To Whom It May Concern:We had managed the property at [redacted] for the owners [redacted] and [redacted]. The tenants had been renting the home since 6/14/2012 and had renewed the lease to terminate 6/30/2015. They requested early termination of 2/28/2015 for...
which we negotiated a termination fee equivalent to two months rent- half to be paid at the move out inspection and the other half to be deducted from the security deposit if our final inspection determined that there would be enough deposit to cover damages as well. Our professional opinion - taking into account the existing condition of the property as evidenced by our video taken prior to the tenant's move in and normal wear and tear - was that there would be sufficient deposit.A termination fee is collected to compensate an owner for lost rent and vacancy time. These owners however decided to put the property up for sale so the termination fee collected was somewhat of a bonus. We presented the list to the owners as to what damages would be assessed to the tenants. The owners wanted to add items that we considered normal wear and tear as well as levy excessive charges for carpet replacement - not factoring in the age and depreciation of the carpet They also wished to charge the tenant for replacement of a dead tree - but could not prove that it was due to neglect -the rest of the landscaping was in very good condition. As we explained to the owners our reasoning in trying to dissuade them from not charging for these additional items was to protect them from possible legal action that could be taken against them by the tenant for unfair and unreasonable charges. If a court were to rule in favor of the tenants, the owners could be liable up to twice the·amount unjustly charged.After assessing the tenants the additional excessive charges the owners insisted on along with the other half of the termination fee, there was a balance due from the tenant in the amount of $1033.30. The security deposit disposition was sent to the tenant in the required time allotted by the Arizona Landlord Tenant Act with a request for the amount due and a copy was sent to the owners. Since we were no longer managing the property. the contact information of the owner was provided to the tenant and the tenant information was provided to the owner. We had advised the owner that we were not a collection agency and by our management agreement were not responsible for any damages caused by the tenant and they could file a claim with small claims court to collect the rest of the money they felt was due to them. All monies that we collected from the tenant was paid to the owners - no repairs that were charged to the tenant were actually done by Arizona Gold's vendors so full amount was given back to owner a payment on March 12,2015 of $1420 which represented the first half of the termination fee and the balance collected from the tenant's security deposit as well as the owner's reserve fund on March 20,2015 in the amount of $2473.70.There is no money owed from Arizona Gold Realty.Their accusation that we lacked in communication is false. There were several email communications with the owners - they were well aware of everything that was happening and were provided all documents and final accounting as required.
To Whom It May Concern:We had managed the property at [redacted] for the owners [redacted] and [redacted] The tenants had been renting the home since 6/14/and had renewed the lease to terminate 6/30/They requested early termination of 2/28/for which we negotiated a termination fee equivalent to two months rent- half to be paid at the move out inspection and the other half to be deducted from the security deposit if our final inspection determined that there would be enough deposit to cover damages as wellOur professional opinion - taking into account the existing condition of the property as evidenced by our video taken prior to the tenant's move in and wear and tear - was that there would be sufficient deposit.A termination fee is collected to compensate an owner for lost rent and vacancy timeThese owners however decided to put the property up for sale so the termination fee collected was somewhat of a bonusWe presented the list to the owners as to what damages would be assessed to the tenantsThe owners wanted to add items that we considered wear and tear as well as levy excessive charges for carpet replacement - not factoring in the age and depreciation of the carpet They also wished to charge the tenant for replacement of a dead tree - but could not prove that it was due to neglect -the rest of the landscaping was in very good conditionAs we explained to the owners our reasoning in trying to dissuade them from not charging for these additional items was to protect them from possible legal action that could be taken against them by the tenant for unfair and unreasonable chargesIf a court were to rule in favor of the tenants, the owners could be liable up to twice the·amount unjustly charged.After assessing the tenants the additional excessive charges the owners insisted on along with the other half of the termination fee, there was a balance due from the tenant in the amount of $The security deposit disposition was sent to the tenant in the required time allotted by the Arizona Landlord Tenant Act with a request for the amount due and a copy was sent to the ownersSince we were no longer managing the propertythe contact information of the owner was provided to the tenant and the tenant information was provided to the ownerWe had advised the owner that we were not a collection agency and by our management agreement were not responsible for any damages caused by the tenant and they could file a claim with small claims court to collect the rest of the money they felt was due to themAll monies that we collected from the tenant was paid to the owners - no repairs that were charged to the tenant were actually done by Arizona Gold's vendors so full amount was given back to owner a payment on March 12,of $which represented the first half of the termination fee and the balance collected from the tenant's security deposit as well as the owner's reserve fund on March 20,in the amount of $2473.70.There is no money owed from Arizona Gold Realty.Their accusation that we lacked in communication is falseThere were several email communications with the owners - they were well aware of everything that was happening and were provided all documents and final accounting as required
To Whom It May Concern:We had managed the property at [redacted] for the owners [redacted] and [redacted]. The tenants had been renting the home since 6/14/2012 and had renewed the lease to terminate 6/30/2015. They requested early termination of 2/28/2015 for...
which we negotiated a termination fee equivalent to two months rent- half to be paid at the move out inspection and the other half to be deducted from the security deposit if our final inspection determined that there would be enough deposit to cover damages as well. Our professional opinion - taking into account the existing condition of the property as evidenced by our video taken prior to the tenant's move in and normal wear and tear - was that there would be sufficient deposit.A termination fee is collected to compensate an owner for lost rent and vacancy time. These owners however decided to put the property up for sale so the termination fee collected was somewhat of a bonus. We presented the list to the owners as to what damages would be assessed to the tenants. The owners wanted to add items that we considered normal wear and tear as well as levy excessive charges for carpet replacement - not factoring in the age and depreciation of the carpet They also wished to charge the tenant for replacement of a dead tree - but could not prove that it was due to neglect -the rest of the landscaping was in very good condition. As we explained to the owners our reasoning in trying to dissuade them from not charging for these additional items was to protect them from possible legal action that could be taken against them by the tenant for unfair and unreasonable charges. If a court were to rule in favor of the tenants, the owners could be liable up to twice the·amount unjustly charged.After assessing the tenants the additional excessive charges the owners insisted on along with the other half of the termination fee, there was a balance due from the tenant in the amount of $1033.30. The security deposit disposition was sent to the tenant in the required time allotted by the Arizona Landlord Tenant Act with a request for the amount due and a copy was sent to the owners. Since we were no longer managing the property. the contact information of the owner was provided to the tenant and the tenant information was provided to the owner. We had advised the owner that we were not a collection agency and by our management agreement were not responsible for any damages caused by the tenant and they could file a claim with small claims court to collect the rest of the money they felt was due to them. All monies that we collected from the tenant was paid to the owners - no repairs that were charged to the tenant were actually done by Arizona Gold's vendors so full amount was given back to owner a payment on March 12,2015 of $1420 which represented the first half of the termination fee and the balance collected from the tenant's security deposit as well as the owner's reserve fund on March 20,2015 in the amount of $2473.70.There is no money owed from Arizona Gold Realty.Their accusation that we lacked in communication is false. There were several email communications with the owners - they were well aware of everything that was happening and were provided all documents and final accounting as required.
To Whom It May Concern:We had managed the property at [redacted] for the owners [redacted] and [redacted]. The tenants had been renting the home since 6/14/2012 and had renewed the lease to terminate 6/30/2015. They requested early termination of 2/28/2015 for...
which we negotiated a termination fee equivalent to two months rent- half to be paid at the move out inspection and the other half to be deducted from the security deposit if our final inspection determined that there would be enough deposit to cover damages as well. Our professional opinion - taking into account the existing condition of the property as evidenced by our video taken prior to the tenant's move in and normal wear and tear - was that there would be sufficient deposit.A termination fee is collected to compensate an owner for lost rent and vacancy time. These owners however decided to put the property up for sale so the termination fee collected was somewhat of a bonus. We presented the list to the owners as to what damages would be assessed to the tenants. The owners wanted to add items that we considered normal wear and tear as well as levy excessive charges for carpet replacement - not factoring in the age and depreciation of the carpet They also wished to charge the tenant for replacement of a dead tree - but could not prove that it was due to neglect -the rest of the landscaping was in very good condition. As we explained to the owners our reasoning in trying to dissuade them from not charging for these additional items was to protect them from possible legal action that could be taken against them by the tenant for unfair and unreasonable charges. If a court were to rule in favor of the tenants, the owners could be liable up to twice the·amount unjustly charged.After assessing the tenants the additional excessive charges the owners insisted on along with the other half of the termination fee, there was a balance due from the tenant in the amount of $1033.30. The security deposit disposition was sent to the tenant in the required time allotted by the Arizona Landlord Tenant Act with a request for the amount due and a copy was sent to the owners. Since we were no longer managing the property. the contact information of the owner was provided to the tenant and the tenant information was provided to the owner. We had advised the owner that we were not a collection agency and by our management agreement were not responsible for any damages caused by the tenant and they could file a claim with small claims court to collect the rest of the money they felt was due to them. All monies that we collected from the tenant was paid to the owners - no repairs that were charged to the tenant were actually done by Arizona Gold's vendors so full amount was given back to owner a payment on March 12,2015 of $1420 which represented the first half of the termination fee and the balance collected from the tenant's security deposit as well as the owner's reserve fund on March 20,2015 in the amount of $2473.70.There is no money owed from Arizona Gold Realty.Their accusation that we lacked in communication is false. There were several email communications with the owners - they were well aware of everything that was happening and were provided all documents and final accounting as required.