Complaint Review: Bailey Properties LLC

In the state of Louisiana a Landlord or Management Company may not hold a deposit longer than 30 days, nor can the lanlord keep money without providing a good reason.

Bailey Properties, LLC located in Little Rock, AR (is guilty of two things)

1.) RETURN OF SECURITY DEPOSIT: The landlord has one month after you move out to either  (1) return your deposit or (2) send you a letter telling you why he is not giving back all or part of your deposit.  If the landlord sends a statement, this
letter has to be "itemized." That means the landlord has to list the specific things covered by the money the landlord is
keeping. 
To help protect your right to get your deposit back, when you terminate (end) your lease you must give your
landlord the right kind of notice that you are moving out. (^1)

I moved out in 09/2010 and they never contacted me or even attemepted to contact me. I contacted the management and senior at Bailey Properties in Arkansas and was told that juris was local and no ability to take an action in this state was able. Not true the lease was signed and the business was conducted in this State as well as the rent and all other matters. The only why Id did not sue is that the deposits were less than $300 (DOG) and $350 (Unit)

The second step is where the RIP OFF report and FRAUD comes in.

I have a check which was received by Summer Pointe Properties in the amount of $150 the second payment marked as "final payment" and that check number is : 291367.

This item was paid and there were no damages to the unit as reflected in the summary received on 03/ 07 / 2011.

The refunded money against the UNIT was 183.70 which reflected costs associated with their "Fee" schedule to the lease which did check out. But, there was no refund of the $300 which 50% of that was to be received as it is well stated in the lease agreement. And this my friends is BAD business and FRAUD. This is not a mistake.

The envelope is post marked 03/04/2011 - and the refund check is dated 01/06/2011

The amount of aggravation in dealing with these people is high and be warned. These are not good business practices. These are manipulation tactics being used on those with lower incomes and a typical inability to cause problems which I believe is the profiling and the blatent abuse of such business practices.

Mr. Bailey, Your company is a rip-off and the top down motivation is clear when doing business with companies like yours.

!!!!!!!   RIP OFF ALERT - FIND ANOTHER MANAGEMENT COMPANY  !!!!!!!!

People use caution and keep every single receipt and document. You will need them.

All documents are available by digital copy upon request.

Sources:
Lease (mid month pro ratee 07~08/2009 thru 09/30/2010.
Money Order Stubs (UNIT) (PET) (BOND)
Pet Deposit (300) No record in the Itemized statement dated 09/20/2010 RCVD: 03/07/2011

NO REFUND RECEIVED OR ACCOUNTED FOR BY LANDLORD

INABILITY TO MAKE PROPER ACCOUNTING AND DOCUMENT WITHIN LEGAL TIME PROVIDED BY STATE LAW IN LOUISIANA.

A PROPER WRITTEN NOTICE OF CHANGE OF ADDRESS (DELIVERED IN PERSON) MOTIVATION IS SIMPLE I MOVED THREE MILES AWAY! I NEEDED THAT MONEY!!! ?

http://www.rentlaw.com/dep/louisianadeposit.htm