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Zia&Ayesha Abdullah
Oct 28, 2011, 8:09:34 AM10/28/11
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Hi everyone,
To those of you who are in the process of signing a lease, did any of your landlords require you to provide a financial statement every quarter to them? It seems my potential landlord wants this and I think it is unreasonable, as long as I am providing a guarantee that the rent will be paid on time.
Ayesha
To those of you who are in the process of signing a lease, did any of your landlords require you to provide a financial statement every quarter to them? It seems my potential landlord wants this and I think it is unreasonable, as long as I am providing a guarantee that the rent will be paid on time.
Ayesha
Krishnan Venkataraman
Oct 28, 2011, 8:17:29 AM10/28/11
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Hi Ayesha- my current lease draft has a clause that the landlord can look into my books/accounting. I plan to have that clause removed. I agree that your landlord is making an unreasonable request.
Krishnan
Bala Balakrishna
Oct 28, 2011, 8:53:27 AM10/28/11
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I'm with Krishnan. Would not agree. Have given a personal guarantee. Did fill up a form with my financial numbers in the first stage when we were negotiating the lease.
Bala
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Krishnan Venkataraman
Oct 29, 2011, 11:15:43 AM10/29/11
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Hi all,
I am trying to wrap my head around renovation expenses and I think both contractors that I asked for quotes are asking for way too much ($15K +)IMHO. Just for fun, I have attached before and after drawings... Do these numbers sound normal or a bit on the high side?
Thanks
Krishnan
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