Saturday, December 1, 2012

What are the laws regarding escrow accounts used for rental properties in the state of florida?

Q. We are planning on renting our house out, and know that we need to open a separate escrow account for deposit money, ect. Are we allowed to deposit the rent money into this account and then withdrawal that money to pay the mortgage or any damages or maintenance needed? What are the limitations with using that money? We want documentation of rent money being paid ect for taxing purposes, what are the laws regarding using the escrow account?
Thanks.

A. The deposit needs to be held in a financial institution in the state of Florida. If it is put in an interest bearing account then it needs to be disclosed as to who will collect the interest. You can also put it in a non-interest bearing account. The rent can be paid directly to you and you can use it however you wish. If I were you I would have an attorney draw up the lease.


What is the proper way to ask for a dog while leasing?
Q. My husband and I have been renting our house for about a year. We plan on living here for 2-4 more years. My husband is in the Navy and leaves on deployment quite often. When we moved in the realtor said that the owner prefers us not to have a dog but, since I am home alone so often, I would like one. So my question is what is the proper way to ask?

A. Just contact the owner and tell him just what you said above, and ask if you could have a dog, and if so, what restrictions he would have (breed, size, etc.). Also offer to pay a substantial pet deposit. If he's not sure, ask him if he'd like some time to think it over and get back to you.

If you're planning on getting any of the breeds on the banned lists (pit bull, rottweiler, etc.), your chances of his agreeing are remote, so be ready to suggest a medium-to-small breed or mix that shouldn't cause any problems for him (or his insurance).

Remember you catch more flies with honey than with vinegar, so be polite and cooperative. An if he says no, then you can always decide to move as soon as your lease is up. If you're good tenants--pay your rent on time and cause no problems--he won't want to lose you.


How to get a border off a wall without runing it?
Q. We're currently renting our house, we actually just moved in, and there is some god awful border in the kitchen. Not only that but it's on upside down. I'm not sure how long it's been there prior to us moving in but the property manager really doesn't care what we do to the house so I'm kind of wanting to remove it. I tried pulling up a small section but the wall behind started peeling off as well so I was wondering if there are any tricks to prevent this.

A. I took down wallpaper from our laundry room. It was ALL over and absolutely hideous. I went out and got DIF. It's wallpaper removed. They have spray gel and one that you mix with water. I bought them both - both worked equally well, but the spray gel was more expensive. So, go with the liquid mix. Also, there are these wallpaper removing tools. One is this small thing that fits in your fist. It has these little pricklies in it so when you move it in circles on your wallpaper, it punctures little holes in the paper so the DIF can soak in. Also, get that scraper thing (technically it's not a wallpaper tool, but works great for it). It's the scraper you use for smoothing putty/spackle on the wall.

What I did was go over it with that tool that you move in circles in your fist, spray the heck out of it with DIF (seriously, soak it), then I let it sit for 10-15 minutes, and then did the fist thing again, soaked it with DIF again, and then let it sit again. Then, I started scraping it with that tool and peeling the wallpaper off with my fingers.

Wallpaper/border removal is never fun, but I hope whatever you do is easy for you and works well! Good luck!

PS - That's so weird that the border was on upside down. Random! What were they thinking? LoL!


Can a Naval Officer rent a house from Enlisted Personnel?
Q. We are renting our house out and have an Officer who would like to rent it. Is there any policy that states that he can/cannot rent from enlisted personnel? He has not stated anything and we aren't aware of any such policy but thought I would throw the question out there and see if anyone else does. I have calls into the Command and Legal but nobody is answering their phone and I need to know ASAP.
Thanks ya'll!

A. Yes, as long as he does not receive any preferential treatment, such as a lower rent rate, and the offer to rent the house was open to everyone (officer, enlisted, civilian) then there is not any hint of impropriety.





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