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Can you leave not pay last months rent let landlord keep security deposit without a lease agreement?
only if that is agreeable with landlord. A lease agreement without a lease is a verbal lease. Your last month's rent is not a security deposit.
What protects the landlord against financial losses in case the renter damages the dwelling or fails to pay rent?
Security deposit protects agains damage. Not much really protects the landlord against failure to pay rent, except maybe a last-month-rent deposit. Whenever a tenant falls behind on rent, the landlord should move quickly to start the eviction process. They can always slow down later.
Can a landlord use your last month's rent to repair the apartment?
No. Your last month's rent is that: your last month's rent. The landlord must allow you to stay in your apartment for the last month and not use that money for any other reason. If the landlord collected a security deposit then he can use it to repair his unit: IF you are the one who damaged it outside the realm of normal wear and tear. He cannot use your security deposit as your last month's rent unless you agree to it.
Can a security deposit be used for rent?
security deposits protect the landlord if the tenant fails to pay rent or causes damage to the rental premises beyond normal wear and tear. a renter can not choose to pay rent with any portion of that deposit.
It is against the law for the landlord to ask for first and last months rent to someone who is renting?
Massachusetts statutes allow a landlord to collect, at the beginning of a tenancy, the first month's rent, the last month's rent, a security deposit, and a key fee. Most states are similar.
Do you have to subsidize the security deposit when rent is increased?
The landlord has a right to ask for the security deposit to be increased when the monthly rent goes up.
Can a landlord sew after two years for rent when they kept the security deposit and the pet deposit?
Yes.
Megan wants to rent an apartment for 475 a month The landlord wants two months' rent for a deposit How much will Megan pay for her deposit?
950
Landlord has last months rent plus security. can I live out last months rent?
Yes you can. Your landlord cannot use your last month's rent as security deposit and vice versa.
Can you use a deposit for the last months rent?
This would depend on the landlord. If you landlord says yes to this, which I seriously doubt. Then obviously when you moved out you wouldn't get it back. Talk to the landlord about your situation. Maybe something can be worked out.
Can a lanlord use security deposit if tenant is late on the rent?
You can in Massachusetts - you don't say what state you are in. The landlord has the option of using the deposit for back rent, but he doesn't have to.
What do you pay to the landlord before you move in?
To move into a dwelling, the landlord is going to generally ask you for the first month's rent, a security deposit, and often times the last months rent. Every state has its own rules about this and you should check with it. In South Carolina and Florida your security deposit may not exceed one month's rent. And in both states that security deposit may not be used as rent unless you and the landlord mutually agree.
Is it illegal to spend tenants security deposit for unpaid rent if tenants left early?
No, normally you can spend the money. If a tenant terminates a lease early the landlord can keep the security deposit and sue the tenant for loss if the unit is not re-rented by the time the lease would have expired.
Can a new landlord demand an additional second security deposit of one months rent six months after the original landlord received an initial deposit equivilent to a months rent from a existing tenant?
I think he can since he is new. Did you get back your deposit from the original landlord? I would try to get it or find out where the money went. The money could have been handed over to the new landlord or landlord 1 kept it. You may be able to sue him in small claims court for your deposit.
Should prepaid rent be deposited in security deposit account?
Some states have statutes which state that a security deposit cannot be comingled with the landlord's funds. Some legal scholars have concluded that, since the last-month-rent deposit is the landlord's funds, these cannot be in the same account.
How long can your landlord hold your security deposit in the state of California?
landlords can charge you what ever they want (with out a lease) ... its your wellness to pay that sets the tone ...Answer:The person who wrote the above"answer" is clearly not informed about landlord tenant law. First, in California, everything you pay EXCEPT for the 1st month's rent is considered a deposit. It does not matter what it is called. It does not matter what is on the lease agreement. Anything over the 1st month's rent is a deposit. The maximum deposit the landlord can request is double the rent. So if he asks for first, last and a deposit, he is really asking for double the rent as a deposit. This is legal. However, if the rent is $2,000 and the landlord asks for first, last and a $4,000 deposit, that is illegal.
Can you leave not pay last months rent let landlord keep security deposit without a lease agreement?
only if that is agreeable with landlord. A lease agreement without a lease is a verbal lease. Your last month's rent is not a security deposit.
