[Resolved] Equity Builders Limited / Real Estate

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This is the biggest scammers . If you are investing money with them just know that you will ripped off. They rent the units to you in the commercial units and claim that you are getting the unit for an all in price only to find that a clause in the Unit requires you to pay additional TMI. They do this simply because the loophole in the law and lease allows them to manipulate the maintenance cost hence allowing them to steal your money. They lock your unit and leave if you don't pay them.

  • Resolution statement

    Customer care service did everything in their power to resolve this complaint. All attempts to contact the complainant have failed. Therefore, this complaint has been annulled and must not be considered where image of the company in question and it's services are concerned.

  • Equity Builders Customer Care's Response, Mar 30, 2017

    This is not a scam.

    It is not the landlords fault that the Lease Holder didn't read or understand the Lease Agreement they signed.

    In all our Commercial Lease there is clause which clearly mentioned separately the rate of Base Rent and Estimated TMI per sqft as per commercial standards.

    Estimated TMI includes common area expenses like snow removal and landscaping, Utilities, Property taxes, security, cleaning etc which tenant has to pay his proportionate share of sqft of the unit they are renting.

Mar 08, 2017

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