Signing the lease and paying the security deposit are two separate issues. Furthermore, if you don't pay the security deposit then you could be in violation of the lease terms and be evicted if the landlord chooses. Normally you pay the security deposit before you and your landlord sign the lease, or work out a payment plan that you and your landlord agree to. If your landlord agreed to allow you to skip the security deposit then that part of the lease is waived and the rest of the lease stands.
There are some agencies that help in this manner, but you will have to prove need and, perhaps get on a waiting list. It is better for you to plan how you will earn the money and save to pay the deposit. This is a useful skill to have.
yes
security deposits protect the landlord if the tenant fails to pay rent or causes damage to the rental premises beyond normal wear and tear. a renter can not choose to pay rent with any portion of that deposit.
I don't think so, I don't believe any Landlord has the legal right to demand a Security Deposit be payed twice. I suggest you seek legal counsel.
The purpose of a security deposit is to pay the last month's rent in the event that a tenant stops paying and has to be evicted, not to pay for cleaning and painting. It would only be reasonable to use a security deposit for this purpose if the departing tenant left the apartment in extremely bad condition, requiring an abnormal expense to restore it.
Yes if you didn't pay your rent or you damaged the place
No, they have to have your SS# to be able to do anything with your credit. Also a security deposit doesn't mean anything when it comes to renting if you do not pay your rent or get evicted due to another cause it has nothing to do with your credit.
only if that is agreeable with landlord. A lease agreement without a lease is a verbal lease. Your last month's rent is not a security deposit.
Some states have rigid laws about how a landlord is to handle a security deposit. In Massachusetts, for instance, he has to put it in a special account, protected from his creditors. Find out what the local law is, and if he has violated the law, you can sue him for return of the deposit, although that may not help you at the Bankruptcy Court. If he has not mishandled it, and you are still there, he has no obligation to pay it back to you, and his bankruptcy has nothing to do with you.
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Generally, as with most hotels, you will have to pay a security deposit in addition to the stay per night. For the best prices, I recommend priceline, travelocity, and expedia.