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View Full Version : Agent with holding my rent!



topsyturvy
26-08-2006, 14:37 PM
Hi

Wonder if anyone can help, my agent withheld my final rental payment by 16 days, in the contract they state that they will pay the rent within 9 days of receiving it from the tenant.

They said that as it was the final rental payment they had with held it in case of any maintenance problems and to ensure they had adequate funds!

The also stated that the final rental payment was taken from the tenants Security Deposit!

What are my rights?

MrShed
26-08-2006, 16:25 PM
Depends upon the terms of business you have with them, pure and simple. But, generally speaking, you are fully entitled to that rent...if you have common ToB.

topsyturvy
26-08-2006, 17:34 PM
So I have good grounds to sue the agent?

And is it worth it?

MrShed
26-08-2006, 19:02 PM
As I said, it depends upon your terms of business!