Is It Illegal If Your Landlord Wants Cash?

Published: Sept. 9, 2015, 5:54 p.m.

b'With Terry Story (http://www.terrystory.com/), 25-year Veteran Real Estate Agent with Coldwell Banker in Boca Raton, FL



\\u201cThey\\u2019re back!\\u201d Millennials appear to be moving back in with their parents \\u2013 to save enough for a new home, to payback student loans, etc. It\\u2019s actually not a bad thing to do for a couple of years. Terry also answers a listener\\u2019s question on the screening of buyers by a condominium association who can afford the house but don\\u2019t have the best credit. But, fortunately, this is a rare occurrence.

Another listener was required to pay his rent in cash so the owner could lower his taxes. While cash payments are allowed, Terry advises lessees a.k.a. tenants on what they should do to protect themselves and make sure they aren\\u2019t victims of fraud or a bad lease.

Finally, Terry fields a home owner\\u2019s question on foreclosure when he fell behind on a mortgage payment and was surprised by how little time he had before being served\\u2026 not to Terry\\u2019s surprise. Find out why.'