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Can you use your deposit for a month payment?

Updated: 8/16/2019
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14y ago

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NO!

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14y ago
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Q: Can you use your deposit for a month payment?
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What are the features of fixed deposit?

1. You will get a certificate for the deposit 2. You can opt for periodic interest payment or total interest payment at the end of the deposit duration 3. you can get loans against the deposit 4. you can use the deposit as a collateral for loans etc...


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It would be part of the payment for whatever the deposit is on. If you don't buy or use what the deposit is on, it is not refunded.


If you pay a security deposit and first months rent is the following month going to be in full payment of the rent or prorated?

The first month's rent pays for your first month in the apartment. You will owe the agreed-upon rent to the landlord the second month. I can't see why anything would be prorated--your security deposit cannot be used for rent.


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The deposit sales is the business type of payment , the customer will have to advance the payment before buying. The diffirent between the advance payment sales and deposit sales is about , the Advance Payment - the customer will have to order first then pay regarding to the order Deposit Sales - the customer will pay first before ordering.


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What is the cost to lease 26 ft box truck?

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What is Tenure of deposit in month for recurring deposit?

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Can a landlord use your last month's rent to repair the apartment?

No. Your last month's rent is that: your last month's rent. The landlord must allow you to stay in your apartment for the last month and not use that money for any other reason. If the landlord collected a security deposit then he can use it to repair his unit: IF you are the one who damaged it outside the realm of normal wear and tear. He cannot use your security deposit as your last month's rent unless you agree to it.


Is the payment mortgage on the first of the month covers for that month?

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Do you get paid commissions on the whole sale or the deposit?

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How much of a security deposit must be returned if a month to month renter leaves and gives very little notice?

Possibly all. If the landlord fails to rent the unit (after trying), the landlord could use the entire deposit towards the next month. He would need to write a letter (in most states within 30 days) saying what he did with the deposit.