Book Yoda. Business & Investing.

Hi, I am about to move out of my first apartment into another one and I put down a $200 deposit when I moved in.

I plan on fixing any repairs such as a missing blind that was missing when I first moved in. My apartment is in good condition and the carpet is in good condition as well.

How does this deposit thing work? I lost my gate entrance card which is 50 dollars to replace. I was just going to tell them to take this out of the deposit I paid.

Anyone know how this process works?
Thanks! :)

First, did the manager do a walk through and note the condition of the apartment when you moved in? You should always request this, and have you and the manager both sign it. Get a copy! In case you didn't, it may not be a big deal. Before you give the keys back, request a walk through, then get a SIGNED statement from the manager on the move-out condition. The manager should tell you of anything you may be charged for. Make sure you BOTH sign the inspection, AND insist that you include your forwarding address on the signed inspection. (Most landlords use the excuse that they did not have a forwarding address for not returning deposits). Most all states require that the renter be given a deposit refund and/or statement regarding how their deposit was used within 30 days of move out. You rental agreement/lease should indicate whether or not any portion of your deposit will be retained for carpet cleaning, ect.

You may have to pay up front for the lost card. Some landlords will not take it out of you deposit, but you can ask at the walk through.

Check your state laws regarding deposit refunds. (And all other landlord/tenant law!). Usually a google search for landlord/tenant law/your state will bring it up for you!

2008-02-12 09:36:41 by Listener

just for you nay :)

Here's the scenario: You live in an apartment complex with 3 people. You pay a deposit with your roommates when you move in. When you move out, your complex won't split the deposit check 4 ways and all of your roommates move far away. Instead, they make out a check to all 4 of you. How do you deposit it? (You want to deposit it yourself and then mail the others' shares to them later.) Does it matter since your name is on the check? Do you have to have everyone's signatures? I know that WaMu makes everyone be physically present which makes it impossible to deposit. How about other banks?
Has anyone actually gone through this exact process before and can tell me what happened to them? Don't tell me to 'just deposit it' because I know it's not that simple. I already know WaMu doesn't let you and that's a fairly major bank.
I already said that they would not make out separate checks for each of them. Read the entire question.

have the maker of the check issue you another check under your name and your name only.

2007-07-18 16:29:35 by Christine

I used turbo tax to file my taxes and they said I'd have gotten my stimulus check by now, but it hasn't been deposited or hasn't come in the mail. I thought it said direct deposit, but now I'm not sure if I even got to choose check or direct deposit.

If you used turbo tax and had the turbo tax fee's deducted from your refund you will receive a paper check even if you had your federal refund setup to be direct deposited. It sucks! If you read the IRS website you will find this https://sa2.www4.irs.gov/irfof/IRServlet?app=IRACTC if your infomation does not show up, the 2nd option will say the reason your infomation may not be showing is due to having your filing fee's deducted from refund, etc you will receive a paper check. I learned all this today because we used direct deposit and should have gotten our refund by May 9. I called the IRS and had all this confirmed as well. Good Luck!

2008-05-14 17:29:14 by Huliganjetta

I work for myself, so I don't have a regular paycheck for which I could set up a direct deposit. I have never used direct deposit before, so I don't know much about it.

Are there other ways to do it besides income from an employer? For example, could I set up a direct deposit by having it withdraw money from one of my accounts at a different bank? Or would that cease to be a "direct deposit"?

Thanks!

You could buy a Treasury bill for $100. www.treasurydirect.gov which deposits the interest into a Direct Deposit bank account. This should earn you the rewards..

2008-11-10 20:01:03 by AG

I'm selling my house and as part of the sale I've agreed to pay the 5% deposit for the buyer. I would have thought that the deposit would have been based on the full asking price but the estate agent seems to think it would be based on 95% of the asking price as that's what the mortgage is for. But if you calculate the deposit on the 95% mortgage and add it to the amount the mortgage is for, it doesn't add up to the full asking price. I don't want to be short changed here, so can anyone confirm this?

Depends on the type of loan the buyer has. If they are doing 100% finanicing, then you would be contributing 5%, making their loan of 100% financing void, so.. huh? They would then be financing 95%. Why are you willing to do that? Might as well just deduct 5% from the accepted purchase price instead of go through all that! I hope you didn't accept to pay some of their closing costs, too...along with Realtor commissions, my gosh. Better have a good Realtor representing you.

2007-09-15 01:17:42 by Lori