2006-12-05 18:06:11 · 8 answers · asked by erezjonathan 1 in Business & Finance ➔ Renting & Real Estate
Not sure but I'm guessing it is. Why would you wanna pay your landlord a yr in advance when you could potentially have a NEW landlord somewhere down the line ? Your current landlord isn't gonna refund your $ back... or @ least not wanna refund it back. Maybe he/she/they won't even wanna accept it anywayz. If you wanna have your rent taken care of for a yr, then you should put it in the bank. Just be careful that you don't spend it. That or open up a new acc't somewhere else & don't touch that $ til you need it :) Or you can do what I do & deposit $ in to a "rent" envelope & put your rent $ in there. I have @ least 10 envelopes labeled w/ diff't things depending on what they're for. If one envelope says "Groceries" then that $ can't (or @ least shouldn't) be used for anything other than groc. That's what I do to budget my $. It was working for a while... til I went to the city & didn't deposit $ in to the numerous envelopes.. I ended up overspending in the city :(
2006-12-05 18:12:47 · answer #1 · answered by Anonymous · 0⤊ 0⤋
It's legal, but you should not do that because you should invest that money elsewhere.
The real reason I responded is because I believe someone wants to pay you a year in advance via a cashier'scheck while you wire back the difference. I want you to know that this is a scam. Never give anyone money, even though they pay by cashier's check because the cashier's check will come back as being fake a couple months down the line.
Regards
2006-12-06 02:34:51 · answer #2 · answered by Anonymous · 0⤊ 0⤋
If your landlord accepts it it is ok some will and some won't. If you do get a reciept that states the total amount amount paid. I have done that in the past without problems. Some apartment complexes won't do it beacuse they are dealing with so many units. Another reason some would make you is if you had bad credit. If you feel it is from discreminatoin contqact someone in your area.
2006-12-06 04:12:14 · answer #3 · answered by laidbck111 3 · 0⤊ 0⤋
I would only do it if they gave me a discount. Venus is wrong. The deposits and leases and monies paid pass through to the new owner. Negotiate yourself a discount and only pay in advance if they agree.
2006-12-06 08:54:13 · answer #4 · answered by Anonymous · 0⤊ 0⤋
No its not legal but i dont recommend it cuz u dont kno for sure if ur gonna be staying there a year from now and u might end up losing ur money. Dont worry about the future worry about today. Pay monthly
2006-12-06 02:14:38 · answer #5 · answered by Sweetheart88 5 · 0⤊ 1⤋
if they ask you to pay in advance,than it is not legal,but if you want to pay to the landlord than it is legal,in my building we have tenant,that they want to pay in advance,
2006-12-06 02:19:01 · answer #6 · answered by kitty 4 · 0⤊ 0⤋
Unless your contract specifically forbids early rental payments (some do), you can pay for the entire contract/lease as early as you like.
2006-12-06 02:14:50 · answer #7 · answered by Anonymous · 1⤊ 1⤋
Yes, and some rentals companies will give you a discount if you do that.
2006-12-06 02:09:11 · answer #8 · answered by Sparkles 7 · 0⤊ 0⤋