First month, security, last mo?
I’m getting ready to sign a new lease on a place and I am being asked for first month, security, and last month up front. Is this legit? I am receiving mixed reviews about the legality of this.
I’m getting ready to sign a new lease on a place and I am being asked for first month, security, and last month up front. Is this legit? I am receiving mixed reviews about the legality of this.
“Making renting through an owner not worth the money”
ARE YOU PEOPLE RETARDED OR JUST STUPID. READ!
If I pay 3 ways to the owner I might as well pay the broker to hassle to find an apt for me. comprende ???????
Completely normal and standard to be required to pay 1st, last and security deposit. I always did when I used to rent.
First, last and one month security deposit…that’s normal.
Totally normal. Just make sure you put the details in the lease.
I’ve always paid first, last, deposit. I have never gone through a broker.
However, if you are also going through a broker, I wouldn’t pay this plus a broker’s fee. Also, I would make sure the broker is licensed, that you really get the key, etc.
I’ve never had to pay anything less than 1st, last and deposit.
It’s legal in a free market apt, i.e., non stabilized.
That’s nothing TJ I have a friend who had to pay 6 months deposit on a rental apartment. At the time he was a young, single, foreign-born man with his own small business. I guess he came across as a flight risk.
Still I don’t know if this is legal, but it definitely happens.
The standard Blumberg lease that I use actually stipulates that the lease is for an annual term and the payments are only stretched out monthly for the convenience of the tenant. That is how the landlord can require that the whole year be paid even if the tenant moves out early.
Yes, this sounds normal to me. All the rentals I’ve ever lived in have required 1st, last, and security. Karo’s first comment makes no sense at all–how is this like a broker’s fee??