Landlord Question and Answer Forum
security deposit & first month's rent
my tenants are moving in on the 25th of july and i have scheduled the lease signing and walk-through of my house on the 19th. At what point (date) do I obtain the security deposit and first month's rent from them (when I say first month's rent, I am including the pro-rated rent for the remainder of July also, in addition to the entire rent for August)?
Desi 1, GA on Monday, June 29, 2009
Ref:
RE: security deposit & first month's rent
Rule of thumb: Collect all that is due on or before lease signing! When I have a pro rated rent situation, I usually ask for that as well as the first months rent in advance. There are no steadfast rules in this though. Some landlords will collect the full months rent in advance (Aug) and have the tenant pay the pro-rate on Aug 1. Or collect everything but the prorated rent and have that due on Aug first. If you have done the due diligence and are comfortable that the tenant will pay; use your discretion.
Posted by
Donna , NC
on
Tuesday, June 30, 2009
Ref:
RE: security deposit & first month's rent
Rule of thumb: Collect all that is due on or before lease signing! When I have a pro rated rent situation, I usually ask for that as well as the first months rent in advance. There are no steadfast rules in this though. Some landlords will collect the full months rent in advance (Aug) and have the tenant pay the pro-rate on Aug 1. Or collect everything but the prorated rent and have that due on Aug first. If you have done the due diligence and are comfortable that the tenant will pay; use your discretion.
Posted by
Donna , NC
on
Tuesday, June 30, 2009
Ref:
RE: security deposit & first month's rent
I need a security deposit and first month rent form so my applicatent could take it in for assistance
Posted by
angela s, OK
on
Monday, September 21, 2009
Rent Receipt
This standard rent receipt records every aspect of a tenant’s payment, including amount, payment type, and date. Also includes memo space for individualized record-keeping.
with State Assist guidelines
Document
Features
Property Management Agreement - Property Management Contract
This is a contract executed between a landlord and a property manager, outlining the responsibilities of each party and the agreed-upon fee structure.
with State Assist guidelines
Document
Features
- Auto-fill Document
- Email-able
Lease Renewal Notice
Extend the terms of an existing lease with just a few clicks of the keyboard using this customizable form.
Document
Features
- Auto-fill Document
- Works with Window Envelopes
- Email-able
- Custom Logo Compatible
- Editable
Direct Deposit Billing Authorization
This document asks for the tenants authorization to automatically debit a tenants' bank account for the rent each month.
Document
Features
Author:
Jacob W, WI
Updated:
03/27/2011
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Author:
Thomas T, MA
Updated:
01/03/2012
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Author:
David A, WA
Updated:
06/01/2011
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Author:
Keith C, VA
Updated:
10/01/2010
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Author:
The D, CA
Updated:
09/08/2010
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