Start a new topic

Holding Deposit?

I have 2 tenants that are planning to move in to a home that I am renting on May 1. Application, references, credit, and background checks are all ok. and I am ready to move forward to offer them a lease.  What funds should i collect this far in advance to secure their commitment and feel comfortable taking the unit off the market?   Should I have them sign the lease and deposit the security deposit or half months rentt?  Or is a signed lease enough?
1 Comment

A signed lease holds them to the term, I would also collect deposit and first months rent.
Login to post a comment