Use caution when using Larry Turner from Remax Central. Last September, I viewed a listed rental with him and was told to put down a required $1,200.00 hold deposit and a $20.00 application/credit check fee prior to signing a lease. A few days after I had given him the amount he requested, I was able to take a second, closer look at the rental home. I discovered that it would be impossible to get 2 large pieces of my furniture into the home due to the poor door/entry design, the basement staircase was not built according to code, the 100 amp service panel would not be sufficient for my needs, and I could not get my truck into the garage due to the sagging garage header. I informed him via email and his voice mail that I could not rent the property, but he never responded until the day I had been scheduled to sign a lease the following week. He left a message saying that because "I signed his deposit form, and refused to enter into a lease agreement, the entire amount was non refundable".
Technically, Mr. Turner can keep my $1,200.00., as his form does say the full amount was non refundable. It was my mistake to trust him and I should never have signed a legal agreement in such haste. I had assumed I was giving him a "hold" deposit and not a "security" deposit, since I had not signed a lease or taken occupancy of the home. Mr. Turner can claim he is within his legal right to keep all of my money for the few days this rental was off the market, and while this may or may not hold up in court due to the deficiency of the property, is questionable character to do so. It’s not as if he had turned away several other renters who wanted this property, as this home had been available for some time and took another 60 days to rent.
I am warning all renter’s: you do not need to give an agent that much money to hold a rental until the lease is signed! Most reputable companies either require only a credit check fee or might go as high as $200.00 to $250.00 to hold a residential property, depending on the value of the lease and the length of the holding period.
I’m sure that Mr. Larry Turner is proud of the way he conducts his business, so he should be very happy I am posting this.
4/2016 Update: Turner is still in Real Estate and has never refunded my money.
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