|
Support Center
Home
FAQ
Forums
Tickets
Return to ezLandlordForms
Enter your search term here...
Search
New support ticket
Check ticket status
1-877-367-6771
Start a new topic
Discussions
ezLandlord Questions and Answers
Tenant Screening/Advertising
Security Deposit for tenant with low credit scores
L
Lori B
started a topic
over 5 years ago
Can I request a larger securit deposit for my rental home if my potential tenant has a poor credit score and has limited job tenure?
4 Comments
Oldest First
Popular
Newest First
Sorted by
Popular
M
Matthew M
said
about 5 years ago
Of course
a
Amber P
said
about 5 years ago
you can but check the law. In NC the largest amt of a security deposit you can require is 2x the rent, I believe.
T
Tommy R
said
about 5 years ago
Yes, you can ask for a higher security deposit to the tenant with a low credit score. If the tenant damages the property and refuses to repair, you can keep a part of the security deposit. Also, if the tenant skips a monthly rent or terminates the lease without prior notice, the landlord can hold the security deposit to prepare for tenant turnover. But check all the landlord-tenant laws in your state before asking for higher security deposit.
D
Darlene D
said
almost 5 years ago
There are state tenant/landlord laws you have to follow period and are very strict if you violate them. In my experience, you can only charge 1.5-2 x the rent for the "Security Deposit" that does not include Pet deposits, Cleaning fees or Credit report fee.
Login
to post a comment
More topics in
Tenant Screening/Advertising
Tenant with no credit history?
Tenant Screening
Cancelling e-sign request
Address connected to past fraud
Thoughts on Leasing to Tenant Who Was Foreclosed On?
renting to tenant that claimed bankruptcy
Applicant has felony on his record
Using madden name before legally changed
Should I rent to an immigrant with no credit history?
What questions can you legally ask?
ezLandlord, Inc. 22228 St. Barts Lane Estero, FL 33928
BECOME A MEMBER
-
DOCUMENTS
-
TENANT SCREENING
-
RENT PAYMENT
-
PRICING
-
RESOURCES