Submitted by evilhaw t3_11dqcz8 in personalfinance
Banea-Vaedr t1_jaagsz5 wrote
Reply to comment by Brye11626 in Would I need to pay Rent Twice? by evilhaw
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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