Ann Cohen signed a lease for an apartment that required that she pay the first month's rent of 2,200, the last month's rent of 2,200, and a cleaning deposit of 350. Ann wonders, Isn't it a violation of the law to require someone to pay almost 5,000 to move into an apartment? Choose from the following your response to Ann:
A) Ann is correct; under the URLTA, the landlord has exceeded the amount permitted for tenant deposits.
B) Ann is incorrect; prepaid rent is not considered a deposit and the first month's rent is due - the cleaning deposit is within URLTA limits.
C) Ann is correct because the deposits required exceed one month's rent, the URLTA limit.
D) Ann is correct because the amount required cannot exceed one month's rent by more than 10 under the URLTA.
Question 2
Generally, the members of an unincorporated association are not liable for the debts of the association by the mere fact that they are members.
Indicate whether the statement is true or false
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Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ...