Yes. Virtually all property owners will insist on first, last, and deposit to ensure that the tenant will not move out in the middle of the night, or damage the property.
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.
Yes you can if you pay up to 6 or 12 montths of rent in advance, or a really good deposit! But you have to check with the landlord first!
Some landlords require all three, some don't. It's up to the parties to agree on the terms, but the landlord set his terms, and the tenant can take the place or leave it.
NO. A security deposit is equal to one, one and a half or two months rent as regulated by your state Landlord Tenant Law, according to RentLaw.com . It depends on the landlord. Most companies will be happy to do this for you. Know that it is illegal for landlords to charge "double rent" on an apartment (having two parties paying rent for the same unit). Some landlords will try and pro-rate the last month rather than the first month. Be leery of this, but if you must accept it, get it in writing, make sure it's included in your lease agreement, and keep a copy in a place where you can find it. You shouldn't have any problem doing what you're describing, as long as you stick to your move-in date. Landlords get nervous when people push moving in back more than a few days.
Normally you start paying the rent after 30 days. The landlord keeps the "last" months rent as a security deposit until you move out. In some states, you can use this as the final month's rent on your lease (usually the 12th month.) If you renew your lease the landlord will keep it until your final 30 days. . . that's why it's called the "last" month's rent.
Yes, a landlord in Connecticut can charge first, last, and a security deposit to renter.
You can check with the Tenants Association in your city but that's not unusual. I'm surprised that they're not asking for first, last and the security deposit.
First and last months security deposit is given so the landlord has a means of repairing any damage you might do to the house. It encourages the renter to take care of the property in order to get their deposit back.
It depends on what state you are in according to RentLaw.com
To move into a dwelling, the landlord is going to generally ask you for the first month's rent, a security deposit, and often times the last months rent. Every state has its own rules about this and you should check with it. In South Carolina and Florida your security deposit may not exceed one month's rent. And in both states that security deposit may not be used as rent unless you and the landlord mutually agree.
yes
landlords can charge you what ever they want (with out a lease) ... its your wellness to pay that sets the tone ...Answer:The person who wrote the above"answer" is clearly not informed about landlord tenant law. First, in California, everything you pay EXCEPT for the 1st month's rent is considered a deposit. It does not matter what it is called. It does not matter what is on the lease agreement. Anything over the 1st month's rent is a deposit. The maximum deposit the landlord can request is double the rent. So if he asks for first, last and a deposit, he is really asking for double the rent as a deposit. This is legal. However, if the rent is $2,000 and the landlord asks for first, last and a $4,000 deposit, that is illegal.
Under the Tenant Security Deposit Act, a landlord of a residential rental property can collect a security deposit of 2 weeks' rent if the tenancy is week to week, 1 1/2 months' rent if the tenancy is month to month, or 2 months' rent if the tenancy period is greater than month to month (such as a yearly tenancy). The Act also allows the landlord to ask for a "reasonable" non-refundable pet deposit.
All 50 states allow renters to be charged a security deposit when renting. The amount is left up to the discretion of the landlord, but typically it is equal to the first month's rent.
Check your lease agreement, first and foremost, for any language that may extend the Security Deposit return time frame to 60 days. If your lease contains such language, the landlord is not in violation just yet. However, if such extension does not exist, your landlord has breached the Security Deposit law for Colorado.You may file a small claims case. On a really good note, violating Colorado's Security Deposits law allows a tenant to ask to the court for three times (treble) the wrongfully withheld portion. (If you placed a $1000 security deposit, you may sue for $3,000 + court costs and reasonable attorneys fees.).
Giving the security deposit to the old tenant is a bad idea under any circumstance. Keep it simple - give it to the landlord. If the place is a mess, tell him (in writing) that you're not paying him the deposit until he cleans the place up. But, pay him the first month's rent, so you have a consummated contract.
First, review the terms of your rental agreement to make sure you comply with all conditions for receiving a security deposit refund. Next, contact your landlord or property manager directly to inquire about the status of your security deposit. If they are unresponsive or refuse to return it, you can file a dispute through small claims court or seek legal advice depending on your jurisdiction.