“Difficult” Deposit Dispositions – Avoid Bad Situations

Join us for another presentation by nationally known multifamily property management expert, Patti Widget, the founder of Widget's Way.

Have you ever had to return a difficult security deposit after making deductions? Have you gotten into trouble after withholding part or all of a deposit when your tenant left? Property owners are not required by law to collect security deposits, but it's often in their best interest to do so.

Nothing is more frustrating than arguing with a tenant (or former tenant) over a deposit—or worse, being sued in small claims court. Join us to learn how YOU can avoid the hassles of difficult security deposit dispositions. This webinar will help you protect yourself and your business when ending a lease and handling deposit deductions.

Our expert, Patti Widget, will teach you the proper way to conclude a lease, follow the step-by-step eviction process, and lawfully withhold deposits. She’ll also offer practical tips on what to do—and what not to do—when handling security deposits. Don’t miss this powerful session on improving your net operating income and staying compliant in today’s rental climate.

During the webinar, we will also cover the following:

• Why conduct pre-move-out inspections?
• Protective lease language you must have
• Permitted uses for security deposits
• Damage vs. normal wear and tear—what can you deduct?
• Returning all or a portion of a deposit—how and when
• Types of disputes and how to resolve them
• Whether interest is owed on deposits
• And so much more—your questions will shape the conversation

This will be a live, interactive online session. Live Q&A will take place throughout the webinar. Please join us for what will surely be an informative and engaging presentation with Patti Widget, founder of Widget’s Way.

Please log in to register. If you have any questions, please contact Events Manager Diana Alcaraz via email at diana@aagla.org. For faster service, please have your membership number ready. We look forward to seeing you. Please stay diligent and be healthy!

THE INFORMATION PROVIDED DURING THIS WEBINAR IS FOR GENERAL INFORMATION PURPOSES ONLY. ABSOLUTELY NO LEGAL OR TAX ADVICE IS BEING GIVEN DURING THIS WEBINAR. BEAR IN MIND THAT EVERY SITUATION IS UNIQUE, AND THE LAWS, RULES AND REGULATIONS ARE SUBJECT TO CHANGE AT ANY TIME. SO, BEFORE ACTING, BE SURE TO OBTAIN TAX AND/OR LEGAL ADVICE FROM A LICENSED PROFESSIONAL.

Panelist(s):

Patti Widget, Founder & Property Management Expert, Widget's Way
Patti Widget has nearly 25 years of experience as a regional property manager. She teaches a wide range of classes on property management, is a keynote speaker on housing issues, and has published articles for various apartment associations. She is a repeat guest speaker at UCLA and holds certifications such as CA licensed Real Estate Broker, CCRM, EPA Lead-Based Paint Renovator, and Fair Housing compliance.

Moderator:

Daniel Yukelson, Executive Director, Apartment Association of Greater Los Angeles
Daniel Yukelson is the Executive Director of AAGLA. A Certified Public Accountant, he began his career at Ernst & Young and later served as CFO for Premiere Radio Networks and Oasis West Realty, where he helped develop the Waldorf Astoria Beverly Hills. He also served as a Planning and Public Works Commissioner for the City of Beverly Hills.

Webinar Registration Ticket

Price: Member Ticket – $0.00
Expires: November 29, 2022

Featured Presentation By:

Widget's Way

Presenting Sponsor:

Mold Zero

Title Sponsor(s):

Bio SoCal