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LAX Leader

Thursday, November 7, 2024

“Difficult” Deposit Dispositions – Avoid Bad Situations on November 29

“Difficult” Deposit Dispositions – Avoid Bad Situations

Date: November 29

Time: 11:00 am – 12:00 pm PST

Location: Virtual Webinar!

Cost: Free for AAGLA Members

Join Us for Another Presentation by Nationally Known Multifamily Property Management Expert, Patti Widget, the Founder of Widget’s Way

Have you ever had to return a difficult security deposit because you made some deductions? Have you gotten into trouble after withholding all or a portion of a security deposit when your tenant left?  Property owners are not legally required to collect security deposits from renters, but it is usually a good practice and in their best interests to do so.

Nothing is more frustrating than arguing with your tenant (or former tenant) over their security deposit or even if you’ve been sued in small claims court.  Join us and learn how YOU can avoid the hassles of difficult security deposit dispositions.

This webinar will help you to protect yourself in uncomfortable security deposit disposition situations. Our expert, Patti, will teach you the proper way to end a lease, the step-by-step eviction process, and dealing with withholding all or a portion of security deposits.  Our property management expert, Patti Widget, will also be providing tips on what to do and what not to do when handling your security deposits.

Leading multifamily industry expert, Patti Widget, the founder of Widget’s Way again, joins us for an amazing presentation that will help YOU improve your N.O.I. and stay out of trouble, and help YOU to succeed during today’s “new normal.”  PLEASE, join us for what will most certainly be an informative online seminar via ZOOM.

During the webinar, we will also cover the following:

  • Why conduct pre-move-out inspections?
  • Protective lease language YOU must have.
  • Ways you can use a security deposit.
  • What is “damage” vs. “normal wear and tear” and what can you deduct?
  • Returning all or a portion of a security deposit, and timing.
  • Kinds of security deposit disputes and what to do.
  • Is interest owed on security deposits?
  • And, so much more. YOUR questions will help lead the discussion.
This will be a live, interactive, online learning session.  Live Q&A will take place throughout the online seminar.  Please join us for what will surely be an extremely informative and entertaining presentation by our property management expert, Patti Widget, founder of Widget’s Way.

Please log in to register.  If you have any questions regarding this event, please contact Events Manager Diana Alcaraz via email at diana@aagla.org.  For faster service, please have your membership number ready.  We look forward to seeing you.  Please stay diligent and be healthy!

WARNING:  THE INFORMATION PROVIDED DURING THIS WEBINAR IS FOR GENERAL INFORMATION PURPOSES ONLY. ABSOLUTELY NO LEGAL OR TAX ADVICE IS BEING GIVEN DURING THIS WEBINAR.  BEAR IN MIND THAT EVERY SITUATION IS UNIQUE, AND THE LAWS, RULES AND REGULATIONS ARE SUBJECT TO CHANGE AT ANY TIME.  SO, BEFORE ACTING, BE SURE TO OBTAIN TAX AND/OR LEGAL ADVICE FROM A LICENSED PROFESSIONAL.

Original source can be found here

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