New answers tagged rental-property
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It is not uncommon in apartment leasing to take a deposit at application that, upon approval, will be applied to the security deposit (or returned if application is declined). However, this up-front deposit is typically not the entire damage deposit and there should definitely be language in the application that defines how this deposit will be handled.
As ...
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This should perhaps be obvious, but handing someone money without any sort of contract or agreement in place to govern the exchange is foolish. It sounds like that's what he's asking you to do - give him a security deposit and month's rent for a rental agreement that doesn't exist (yet).
If you don't have a lease contract in your hand, there's nothing to ...
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