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We were only looking to lease a home not to buy but they made the deal sound worth our while. Well as it turns out we decide not to buy the home but continue to rent for several years. We signed a new lease every year with out any problems. Well this last year a home came avaliable through the same mobile home park that was brand new and they were running a special program that allowed you to transfer your original deposit into a down payment for the new home. So we went through with it only to have them call us after we moved in and signed all the paper work that our deposit did not qualify per our lease agreement. Well there are two pages in our original lease that state the complete opposite, one saying we forfeit all funds paid called the one/fifteen agreement if we chose not to buy. But what we believed they meant was any money that went toward to buying of the home since a portion was to go to the purchase of the home if we decided to go through with it. Then on the deposit acknowledgement and agreement page it states we are entitled to our deposit and also states in its last line: Should there be any conflict between the provisions of this document and the provisions of the Sales Agreement dealing with the Deposit, this document shall control. So if I haven't lost you yet, do you believe I have a valid claim to my deposit back?
Last edited by BstYet2Be; 01-14-2013 at 03:58 PM..
Reason: moved from the Dallas Forum
If you otherwise have a good relationship with the management company you could sit down with them and ask them to explain their agreement with you. Otherwise I'd suggest asking an attorney to decipher it for you. Good luck!