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Forum / General Property Management / Deposit for Rent

I have tenants that have chosen to rent my house, yet will not be moving in until the first. Can I ask for a deposit now to go towards the rent, to guarantee they are serious?

Mary T, NC on Sunday, February 7, 2010

RE: Deposit for Rent

Do not take the deposit toward rent. The deposit is for damages while they live there. I would take the deposit to hold the place and then accept the rent on the day they move in or before.

Posted by Doug K, CO on Sunday, February 7, 2010

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