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Can you be charged first and last months rent and a seurity deposit when renting?
Wiki User
∙ 13y ago
It is very common for a landlord/rental agency to require first and last months rent and a security/damage deposit.
Check local/state renters laws to ensure your rights.
Wiki User
∙ 13y ago
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Darian had a telephone installed He made a deposit of 75.00 which he paid out in four months His monthly charge is 25.45 He is charged 0.11 per minute for long distance calls If Darian has 95 m?
54.65
It is against the law for the landlord to ask for first and last months rent to someone who is renting?
Massachusetts statutes allow a landlord to collect, at the beginning of a tenancy, the first month's rent, the last month's rent, a security deposit, and a key fee. Most states are similar.
What is the process of renting a home these days?
The process of renting a home will vary depending on the landlord, whether the home is listed with a realtor and other factors. In general, the landlord will advertise the home for rent. The prospective tenants either contact the landlord or property manager directly for a showing or go through a realtor. There may be an application, background check, reference checks, a credit check and/or an employment check. The tenant typically pays a security deposit, pet deposit if applicable, and up to two months in rent before signing the lease.
What is a CD in terms of banking?
A Certificate of Deposit is a special type of deposit account that can be opened by any customer. The customer will deposit a large sum of money with the bank for a predetermined period of time (Usually in months or years). The bank will offer a good interest rate to the customer for parking his/her money long-term with them. The customer wouldn't break his deposit mid term and keep it until maturity because if he does so, he will be charged a penalty for doing so.
What proof is needed for renting a house?
You will need to be able to pass any credit referencing the agency that undertakes on the landlords behalf, and that your need to deposit typically 1.5 months rent plus the months rent in advance. you will need to be willing to sign a legally binding tenancy agreement which do vary from agent to agent and provide provide proof of ID such as Driving licence or passport.
Is there a time limit for the receiving party to deposit a check?
6 months
How does a certificate of deposit work and what amts can you purchase?
A Fixed Deposit or a Certificate of Deposit is a special type of deposit account that can be opened by any customer. The customer will deposit a large sum of money with the bank for a predetermined period of time (Usually in months or years). The bank will offer a good interest rate to the customer for parking his/her money long-term with them. The customer wouldn't break his deposit mid term and keep it until maturity because if he does so, he will be charged a penalty for doing so. In terms of amount - you can purchase any amount you want. The only thing the bank might ask if you deposit huge sums of money is "source of income" and if you provide that, the bank will be willing to accept a deposit of any amount.
Will social security make direct deposit to foreign bank?
I plan on living in Colombia SA for six months a year and then six months use. Will social security direct deposit my funds to Colombia SA?
Jasmine has rented an apartment for 575.00 a month She must pay the first and last months' rent as a deposit How much will she pay for a deposit?
1150 A+
How can a tenant obtain insurance that covers damage his carelessness caused to the property he rents?
It's usually called a "Floater Policy." When renting you should always get a damage deposit from the tenant and if they leave your suite in ruins at least your insurance will pay for it. You have the right to give 24 hours notice to your tenant (by letter) stating that you will be inspecting the suite. If you haven't prepared yourself with a "Floater Policy" or obtained a damage deposit from your tenant then I'm sorry to say the cost will be yours unless you go to small debts court and it may not be worth your time. Before renting again take a picture of the suite with the date on the picture (use a video camera if possible) get the damage deposit and do a 4 months inspection (giving 24 hours notice.)
What Is The Earliest I Can Withdraw For A Flexible Deposit Option?
Under flexible deposit option you can withdraw your investment before maturity. You can withdraw between 0-3 months or 3-6 months and still enjoy partial benefits.
What can you do with a car battery that you will not be using for six months?
Make sure it is fully charged and store it in a cool, dry location if possible. It will stay fully charged for 6 months with no problem.
