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General Property Management
Deposits
T
Tim S
started a topic
over 16 years ago
I am renting my house starting 10/1. When should I have the tennant sign the lease and, what deposit do they give me at that time?
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T
Tim S
said
over 16 years ago
What is an appropriate deposit for a dog?
c
Cheryl W
said
over 16 years ago
hi you can have the tenant sign the lease a couple weeks before move in date.Let them know if they decided not to rent the house they will loose their security deposit.first month's rent should be given on the day of move-in.Also do not allow tenant to live out their deposit as last month's rent.This will save you a headache later for misunderstandings.
J
Jacob M
said
over 7 years ago
If the lease is being transferred to the other landlord I would provide the landlord with the deposit. If they are using a whole new lease, I would return it to the tenants.
S
Stephanie M
said
almost 3 years ago
Hello Kenesta, Please make sure to check your local and state laws.
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