Complaint Review: Sall Associates Ltd - BINGHAMTON NY 13905 Internet
- Sall Associates Ltd 79 MAIN STREET #2 Internet United States of America
- Phone: (607) 772-0005
- Web: WWW.SALLASSOCIATES.COM
- Category: Property Management
Sall Associates Ltd RIPS OFF STUDENTS WITH EXCESSIVE LATE CHARGES, Internet
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My son along with 14 other Binghamton University students rented a large home through Sall Associates Ltd. The lease states that any rents received late, after the 6th day of the due date there will be a 10% late charge. Sall Associates has been calculating the 10% late fee based on the full monthly installment of $5625, rather than on the amounts that are actually past due. So theoretically if 1 student is late with their $375, they will be charged a late fee of $525.50 regardless of the fact that the balance was paid on time.
My son was charged $150 late fee for being late on his portion of the rent. When we requested a detail accounting of how the company arrived at this amount, we were told that we are not entitled to this information. I have reported the company to the better business bureau of upstate New York, consumer affairs and I plan on reporting the company to the Binghamton University off campus housing. Then I will be contacfting the NYS attorney generals office. I can't wait to see what kind of game they play with the security deposit!
This report was posted on Ripoff Report on 04/12/2012 07:45 PM and is a permanent record located here: https://www.ripoffreport.com/reports/sall-associates-ltd/internet/sall-associates-ltd-rips-off-students-with-excessive-late-charges-internet-867857. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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