Submitted by evilhaw t3_11dqcz8 in personalfinance
Brye11626 t1_jaagjrx wrote
Reply to comment by Banea-Vaedr in Would I need to pay Rent Twice? by evilhaw
Every landlord you've ever had has asked you to pay your first month's rent at the end of your first month there instead of before move in..?
Banea-Vaedr t1_jaagsz5 wrote
They've asked for first full month +pro-rated first month, last month, and deposit.
Loggerdon t1_jaamtme wrote
Exactly. Every landlord does this.
thomasvector t1_jaawz53 wrote
Not every landlord, but it is most common. I've personally only ever paid first full month + deposit + pro-rated first month if applicable. I've only paid last months rent up front once in almost 30 years of renting.
bros402 t1_jab5tf1 wrote
In some states, they can't ask for first month + last month as security deposit
hummingbird_mywill t1_jabnhtg wrote
I’m pretty sure can ask for first and last in every state, but not everywhere will let landlords do first, last, and a deposit on top. That’s the case in my jurisdiction, only first and last.
bros402 t1_jacq6dt wrote
Here in NJ, security deposit can't be more than 1.5x rent
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