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The regulations regarding all monies paid by a tenant in advance to a landlord varies greatly by state and local municipalities. In California, specifically Los Angeles county where I live, a landlord is prohibited from requiring advance payment of rent and must call it 'security deposit'. Here, a rule, effective as of 1990 (but in a moratorium as of this year!), mandates payment of interest on any and all monies held more than 12 months. And, in researching rental rights for landlord and for tenant, I have come across many variants regarding advance and deposit payments that one would need to know your location for a definitive answer!
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∙ 18y ago
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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.
When you pay first and last security deposit on a rental home and you stayed there for your first month do you owe after the first 30 days or do you start paying on the second month you just don't get?
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.
Can you leave not pay last months rent let landlord keep security deposit without a lease agreement?
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.
Is it legal in NH to be charged first and last months rent plus a security deposit?
Yes it is legal to ask for first, last and security in Rhode Island. Page 5 of The Rhode Island Landlord-Tenant Handbook issued by the State, states that, "A landlord can take a security deposit from a tenant at the beginning of a new rental term but it cannot exceed one month's rent." and "Separate amounts of money can be requested from a new tenant for prepaid rents, etc." You can view the handbook (right click to download the pdf) on the link below. We will be doing this from now on after a long-term tenant used his security deposit to pay his last month's rent. While the apartment was fortunately in good shape, it could have been an expensive lesson if he'd trashed it and skipped out on the last month's rent. Collecting last month's protects the security deposit and ensures that the rent will be paid once they've notified you of their intentions to move out. Since paying all three fees (first, last, security) at once can be a huge financial hit, you may want to have them pay one of the fees in installments over several months.
If Veronia rents an apartment with monthly rent of 350 for a year and she is required to pay two months' rent as a deposit how much will she have paid in rent at the end of the year?
Her rent will be 350 times 12 months, so the total rent at the end of the year will be 4200. The deposit is separate and she may or may not get the 700 back.
Can you be charged first and last months rent and a seurity deposit when renting?
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.
Landlord has last months rent plus security. can I live out last months rent?
Yes you can. Your landlord cannot use your last month's rent as security deposit and vice versa.
If you pay first and last month's rent but you move out before the first 2 months are up can the landlord keep the entire 2nd month's rent?
Yes.
If I paid first and last months rent do I have to pay last months rent again?
No, you are not required to pay last months rent again. Just make sure you are not mistaking it for the security deposit. Rent and security deposits can be the same amount. Check your rental agreement for clarity. Julie
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.
Can you get your last months rent back?
Almost never.
Does section 8 pay for first and last month's rent?
Some Housing Authorities will pay the security deposit as well as the first months rent for a tenant. What I mean by rent is their portion of the rent: the tenant is still obliged to pay their portion of the rent. But very few housing authorities do this.
Do you have to pay first and last months rent plus a security deposit to rent a home?
Usually, but it's up to the discretion of the landlord. You can possibly negotiate with them if you can convince them that you are trustworthy.
Can you charge first months rent last months rent and a security deposit in California?
Yes, I believe so. The security deposit is limited to 2 month's rent which is pretty much what you are asking about.
You get interest for your last months rent?
Most states have laws that say you do.
Can you be evicted for owning 50.00 on the last months rent?
Yes. If you mean 'the rent for last month', certainly. If you mean the 'last month rent deposit', probably, if the rental agreement states that the deposit was to have been funded.
Do I have to pay the difference in my last months rent if my rent has gone up?
Confusing query; rent cannot go up during the lease.
