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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-size:12.0pt;color:#1F497D'>The “risk mitigation fee” is asked for if the applicant has bad credit or is a higher risk. There is no lease at that stage.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;color:#1F497D'>The fee for certified mail and the fee for making the claim on the deposit is not disclosed at all. It is just being done. <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;color:#1F497D'>Harry<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><div><p class=MsoNormal><b><span style='font-family:"Arial","sans-serif";color:#1F497D'>LAW OFFICES OF <br>HEIST, WEISSE, & WOLK P.A.<br>PH: 1 800 253 8428<br>FAX: 1 800 367 9038<br>"Serving the Property Management Professional"<br>Website: <a href="http://www.evict.com/">www.evict.com</a> <br>Email: <a href="mailto:harry@evict.com">harry@evict.com</a></span></b><span style='color:#1F497D'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:7.5pt;font-family:"Arial","sans-serif";color:#1F497D'>THIS E-MAIL MESSAGE IS CONFIDENTIAL, ATTORNEY-CLIENT PRIVILEGED, AND INTENDED FOR THE PERSONS NAMED ABOVE ONLY. ALL OTHER USE, COPYING, OR DISTRIBUTION IS STRICTLY PROHIBITED.</span><span style='color:#1F497D'><o:p></o:p></span></p></div><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'> landten-bounces@lists.flabarrpptl.org [mailto:landten-bounces@lists.flabarrpptl.org] <b>On Behalf Of </b>Jordan M Brill<br><b>Sent:</b> Saturday, October 26, 2019 12:41 PM<br><b>To:</b> RPPTL Landlord Tenant Committee<br><b>Subject:</b> Re: [RPPTL LandTen] "Risk Mitigation Fee"<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><div><p class=MsoNormal style='margin-bottom:12.0pt'>Where have you seen these fees disclosed? When the claim on the deposit is imposed? In the terms of the lease? I have never seen this.<o:p></o:p></p><div><p class=MsoNormal style='margin-bottom:12.0pt'>*sent via mobile phone<br><br>Jordan Marcus Brill, Esq.<br>6421 Congress Ave., Suite 120<br>Boca Raton, FL 33487<br>(561)859-0679<br><a href="mailto:jordan@glachmanbrill.com">jordan@glachmanbrill.com</a><br><a href="http://www.glachmanbrill.com">www.glachmanbrill.com</a><br><br> <br>The information contained in this email message is intended for review and use of the senders intended recipient and no other. Any recipient or reader of this email that is not an intended recipient or reader is hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited; any wrongful dissemination or receipt shall not constitute a waiver of any privilege held by the sender or any intended recipient or client of the sender. If you have received this communication in error, please immediately notify us via email directed to <a href="mailto:jordan@glachmanbrill.com">jordan@glachmanbrill.com</a> and by telephone to 561-859-0679, and destroy the original message and all copies thereof and related communications thereto. Thank you.<o:p></o:p></p></div></div><div><p class=MsoNormal><o:p> </o:p></p><div><p class=MsoNormal>On Oct 26, 2019 12:22 PM, Leonard Cabral <<a href="mailto:LensLaw@Lenslaw.com">LensLaw@Lenslaw.com</a>> wrote:<o:p></o:p></p></div></div><div><p class=MsoNormal>I am now seeing a fee for handling the security deposit. Any thoughts about the legitimately of that fee? <o:p></o:p></p><div><p class=MsoNormal><o:p> </o:p></p><div><p class=MsoNormal>Sent by Leonard P Cabral <o:p></o:p></p></div><div><p class=MsoNormal><br><br><o:p></o:p></p><p class=MsoNormal style='margin-bottom:12.0pt'>On Oct 25, 2019, at 10:59 AM, Harry Heist <<a href="mailto:harry@evict.com">harry@evict.com</a>> wrote:<o:p></o:p></p></div><blockquote style='margin-top:5.0pt;margin-bottom:5.0pt'><div><p class=MsoNormal> <span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p><div><p class=MsoNormal><span style='font-size:14.0pt;color:#1F497D'>It seems like each day property managers are coming up with fees that I believe will eventually cause a problem and be class action material. </span><o:p></o:p></p><p class=MsoNormal><span style='font-size:14.0pt;color:#1F497D'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-size:14.0pt;color:#1F497D'>They are spreading as these managers are on all of these Facebook groups, someone says they are doing it and then everyone thinks it is OK.</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:14.0pt;color:#1F497D'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-size:14.0pt;color:#1F497D'>The latest one I have been seeing is a “Risk Mitigation Fee”.</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:14.0pt;color:#1F497D'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-size:14.0pt;color:#1F497D'>This is a nonrefundable fee that the higher risk tenant (bad credit, bankruptcy, eviction etc) is being asked to pay as part of being approved.</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:14.0pt;color:#1F497D'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-size:14.0pt;color:#1F497D'>Often this “fee” is being kept by the property manager, split with the owner or given to the owner. More often than not, kept by the property manager.</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:14.0pt;color:#1F497D'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-size:14.0pt;color:#1F497D'>Does anyone have any info on the legality of this?</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:14.0pt;color:#1F497D'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-size:14.0pt;color:#1F497D'>In the money lending world, creditors are free to charge a higher interest rate to a higher risk person but this now????</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:14.0pt;color:#1F497D'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-size:14.0pt;color:#1F497D'>Harry</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:14.0pt;color:#1F497D'> </span><o:p></o:p></p><div><p class=MsoNormal><b><span style='font-family:"Arial","sans-serif";color:#1F497D'>LAW OFFICES OF <br>HEIST, WEISSE & WOLK P.A.<br>PH: 1 800 253 8428<br>FAX: 1 800 367 9038<br>"Serving the Property Management Professional"<br>Website: </span></b><span style='color:#1F497D'><a href="http://www.evict.com/"><b><span style='font-family:"Arial","sans-serif"'>www.evict.com</span></b></a></span><b><span style='font-family:"Arial","sans-serif";color:#1F497D'> <br>Email: </span></b><span style='color:#1F497D'><a href="mailto:harry@evict.com"><b><span style='font-family:"Arial","sans-serif"'>harry@evict.com</span></b></a></span><o:p></o:p></p><table class=MsoNormalTable border=0 cellpadding=0 align=left width="100%" style='width:100.0%;margin-left:6.75pt;margin-right:6.75pt;margin-bottom:5.5pt'><tr style='height:19.9pt'><td width="16%" rowspan=2 style='width:16.3%;padding:1.5pt 1.5pt 1.5pt 1.5pt;height:19.9pt'><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=360 style='width:3.75in;border-collapse:collapse'><tr><td width=64 valign=top style='width:48.3pt;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='mso-element:frame;mso-element-frame-hspace:9.0pt;mso-element-wrap:around;mso-element-anchor-vertical:paragraph;mso-element-anchor-horizontal:column;mso-height-rule:exactly'><a href="https://www.facebook.com/pages/Heist-Weisse-Wolk-PA/343965575625870"><span style='font-size:10.0pt;font-family:Consolas;color:#1F497D;text-decoration:none'><o:p></o:p></span></a></p><div><p class=MsoNormal style='mso-element:frame;mso-element-frame-hspace:9.0pt;mso-element-wrap:around;mso-element-anchor-vertical:paragraph;mso-element-anchor-horizontal:column;mso-height-rule:exactly'><span style='font-size:10.0pt;font-family:Consolas;color:#1F497D'><a href="https://www.facebook.com/pages/Heist-Weisse-Wolk-PA/343965575625870"><span style='color:#1F497D;text-decoration:none'><image001.png></span><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:windowtext;text-decoration:none'><o:p></o:p></span></a></span></p></div><p class=MsoNormal style='mso-element:frame;mso-element-frame-hspace:9.0pt;mso-element-wrap:around;mso-element-anchor-vertical:paragraph;mso-element-anchor-horizontal:column;mso-height-rule:exactly'><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></p></td><td width=296 valign=top style='width:221.7pt;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='mso-element:frame;mso-element-frame-hspace:9.0pt;mso-element-wrap:around;mso-element-anchor-vertical:paragraph;mso-element-anchor-horizontal:column;mso-height-rule:exactly'><b><span style='font-size:12.0pt;font-family:"Arial","sans-serif";color:#1F497D'><br></span></b><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D'>Visit us on Facebook</span></b><o:p></o:p></p></td></tr></table></td><td width="82%" valign=bottom style='width:82.74%;padding:1.5pt 1.5pt 1.5pt 1.5pt;height:19.9pt'><p class=MsoNormal style='line-height:115%;mso-element:frame;mso-element-frame-hspace:9.0pt;mso-element-wrap:around;mso-element-anchor-vertical:paragraph;mso-element-anchor-horizontal:column;mso-height-rule:exactly'><span style='font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif";color:#1F497D'> </span><o:p></o:p></p></td></tr><tr style='height:19.85pt'><td width="82%" valign=bottom style='width:82.74%;padding:1.5pt 1.5pt 1.5pt 1.5pt;height:19.85pt'><p class=MsoNormal style='line-height:115%;mso-element:frame;mso-element-frame-hspace:9.0pt;mso-element-wrap:around;mso-element-anchor-vertical:paragraph;mso-element-anchor-horizontal:column;mso-height-rule:exactly'><b><span style='font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";color:#1F497D'> </span></b><o:p></o:p></p></td></tr></table><p class=MsoNormal><span style='font-size:7.5pt;font-family:"Arial","sans-serif";color:#1F497D'>THIS E-MAIL MESSAGE IS CONFIDENTIAL, ATTORNEY-CLIENT PRIVILEGED, AND INTENDED FOR THE PERSONS NAMED ABOVE ONLY. ALL OTHER USE, COPYING, OR DISTRIBUTION IS STRICTLY PROHIBITED.</span><o:p></o:p></p><p class=MsoNormal><span style='color:#1F497D'> </span><o:p></o:p></p></div><p class=MsoNormal> <o:p></o:p></p></div><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>_______________________________________________<br>landten mailing list<br><a href="mailto:landten@lists.flabarrpptl.org">landten@lists.flabarrpptl.org</a><br><a href="http://mailman.fsr.com/mailman/listinfo/landten">http://mailman.fsr.com/mailman/listinfo/landten</a><o:p></o:p></span></p></div></blockquote></div></div></div></body></html>