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JackSarang
Joined: 28 Jan 2003
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 Posted: Wed Mar 24, 2004 5:31 am Post subject: Rent / Key Money Question |
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In the near future I'm thinking about renting a place on my own bill because I might be able to afford the key money.
Anyway, whats the deal on this? I understand its basically a deposit where the landlord invests it or whatever.
But as a foreigner, whats to stop the guy just pissing away the money and then when it comes time to give it back he says, "Sorry, no money?" |
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the_beaver
Joined: 15 Jan 2003
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| Posted: Wed Mar 24, 2004 5:33 am Post subject: Re: Rent / Key Money Question |
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| JackSarang wrote: |
| But as a foreigner, whats to stop the guy just pissing away the money and then when it comes time to give it back he says, "Sorry, no money?" |
Forget as a foreigner, as a Korean, too -- it happens.
Just have to take it on faith. |
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dutchman
Joined: 23 Jan 2003
Location: My backyard
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| Posted: Wed Mar 24, 2004 5:45 am Post subject: |
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| They usually do piss the money away. You get your money back when the new tenants pay their deposit. |
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peppergirl
Joined: 07 Dec 2003
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| Posted: Wed Mar 24, 2004 4:53 pm Post subject: |
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| dutchman wrote: |
| They usually do piss the money away. You get your money back when the new tenants pay their deposit. |
Or you can get a special insurance, I think we have insurance for that. But usually you just get the money at the end of the contract, if you leave earlier you get it after a new tenant moves in (so you're responsible to find a new tenant). |
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lush72
Joined: 18 Aug 2003
Location: I am Penalty Kick!
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| Posted: Wed Mar 24, 2004 9:12 pm Post subject: |
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| dutchman wrote: |
| They usually do piss the money away. You get your money back when the new tenants pay their deposit. |
Unfortunately, this has been my experience.  |
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