Landlord Question and Answer Forum
I rent to college students, they sign the lease about 6 months in advance.
I collect the security deposit at the time they sign the lease.
Now I am accepting applications for the new school year. A group of students
would like to sign the lease but they won't have the security deposit until the
lease starts. Which is 6 months down the road.
Should I let them sign, or should I just find another party that has the security deposit
available.
Steven L, NJ on Friday, December 16, 2016
RE: Security Deposit due at signing
Find another party that has the money and is ready to go, this is a business and should be treated as such. If you start out lenient you may be taken advantage of later on. Good Luck!
Posted by
Richard W, PA
on
Tuesday, December 20, 2016
Author:
Wilfred C, NJ
Updated:
04/03/2019
|
Author:
Jaspreet D, VA
Updated:
06/17/2015
|
Author:
Trevor R, IL
Updated:
11/11/2013
|
Author:
Daniel P, AR
Updated:
03/22/2016
|
Author:
Charles F, CA
Updated:
10/22/2015
|
The forum is completely free to anyone! If you wish to post a message, you must
log in. If you are not registered already,
Join today to create a free account!
Any comments and opinions that are expressed by the users of this forum are solely
those of the authors, and have not been reviewed or approved by ezLandlordForms.