Yes, it's perfectly legal to charge a double deposit because of a lack of rental history. It's substitution for no credit. This way if you fail to pay rent, the landlord will be better protected. Of course, if the landlord is charging you double deposit because you are a minority or of your familial status, that is an entirely different proposition.
2007-07-17 09:55:36
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answer #1
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answered by Tara P 5
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what state?
EDITED BASED ON STATE:
While some states regulate the amount of deposit by statute, Oklahoma is not one of them so yes, it is legal for the landlord to charge two month's rent as a security/damage deposit unless otherwise stipulated in the rental agreement.
the entire L/T statutes for Oklahoma can be found HERE:
http://laws.uslandlord.com/laws/okstatelaw2.html
2007-07-17 14:58:08
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answer #2
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answered by hexeliebe 6
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His logic would be this:
If you can't come up with a one time deposit- how is he going to count on you to come up with the rent every month.
Your landlord has the right as the property owner to charge you whatever rent he likes. It is his property- if you want to use it you will pay what he asks.
2007-07-17 15:07:35
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answer #3
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answered by tnfarmgirl 6
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It sounds unfair, but I think it's legal. Lack of rental history is not a protected class.
If I were you, I would just look for another place to live.
2007-07-17 14:58:10
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answer #4
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answered by Michael C 7
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I don't know. My husband was the victim of identity fraud and we had to pay twice the security deposit to get around credit check.
2007-07-17 14:54:53
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answer #5
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answered by CHARITY G 7
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It doen't sound right
2007-07-17 14:56:38
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answer #6
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answered by Anonymous
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