How does everyone set up this escrow? Just one bank account per park? We’re having a tenant going thru eviction threatening to sue us if it’s not done right.
I want to avoid the dreaded lawsuit issues just in case.
Also, we allow people to “put down payments” in excess of the deposit towards their rent credits upon moving in. I guess I should redo the contract to have that as a separate line. As it currently stands it’s lumped in with the deposit, looking back I can see that was most likely a mistake.