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Yes, in New York State, it is legal for a landlord to request the first month's rent, the last month's rent, and a security deposit. However, the security deposit cannot exceed one month's rent. Landlords must also provide a written receipt for the security deposit and return it within a specified time frame after the tenant vacates the property.

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1w ago

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Should prepaid rent be deposited in security deposit account?

Some states have statutes which state that a security deposit cannot be comingled with the landlord's funds. Some legal scholars have concluded that, since the last-month-rent deposit is the landlord's funds, these cannot be in the same account.


Besides a security deposit how much can a landlord charge for a pet deposit on 2 cats?

That depends on the laws of the state. In Massachusetts, a pet deposit is a security deposit, and the total security deposit cannot be more than one month's rent.


Can a landlord ask for first and last month rent plus security in North Carolina?

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.


Does a landlord have a right to hold back a security deposit if the tenant dies?

Death of the tenant terminates the tenancy. The landlord should handle the security deposit according to the law, which likely means forwarding it to the estate. If rent is owed, the landlord could apply the deposit to the arrearage, and so notify the executor. There is an argument that the decedent owes rent for the next month (in a month-to-month tenancy) or the remainder of the lease (if there is a lease). However, the landlord has an obligation to try to rent the unit.


Can your landlord require as a condition of renting an apartment to you a security deposit the first month's rent and the last month's rent in California?

yes


What do you pay to the landlord before you move in?

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.


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.


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.


Can you explain what first, last, and security deposit mean in terms of renting a property?

First, last, and security deposit are payments made by a tenant to a landlord when renting a property. The "first" refers to the first month's rent, the "last" refers to the last month's rent, and the "security deposit" is a refundable amount held by the landlord to cover any damages or unpaid rent at the end of the lease.


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.


Can a landlord charge a pet deposit fee if the pet has been on the premises for more than a month and nothing was ever said about a fee when I got it?

It sounds like the landlord wants to change the terms of the tenancy. They can do that, but they would have to follow the proper procedure. If this is a year lease, they have to wait until the year is up. If a month-to-month tenancy, they have to give a full month's notice. Also, some states limit the amount of a security deposit to one month. A pet deposit is a security deposit, regardless of what someone calls it. If they have collected a one-month security deposit already, state law may prohibit collecting another deposit.


Can a Texas landlord require an extra security deposit for an ex-felon in addition to the regular security deposit?

In most states you cannot charge a security deposit higher than the amount of one month's rent. But I don't know specifically about Texas.