Holding Deposit? : ezLandlordForms

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Holding Deposit?

B

Llc B

started a topic about 7 years ago

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

B

Bea S

said about 7 years ago

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

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