2007-12-26 14:10:48 · 32 answers · asked by Suz 1 in Business & Finance ➔ Renting & Real Estate
Yes, they can, even in California. However, it is not the custom here, the custom in CA is first and a deposit.
The deposit amount can not exceed 2 months rent, so it can potentially cost 4 months rent to move in.
2007-12-27 04:30:56 · answer #1 · answered by Landlord 7 · 2⤊ 0⤋
It depends on where you live. Check the landlord-tenant code for the State you live in.
At the property managing company I worked for in Hawaii, we asked for the security deposit which was equal to one month's rent (the max allowed by the law) and the pro-rated rent from the start of the lease through the end of the month. If it was close to the end of the month, we'd offer to allow the tenant to pay that month's full rent at the same time, but it was no obligation.
So, a $1000 per month unit, upon moving in on the 20th of a 30-day month would be:
$1000 for security deposit
$367 for pro-rated rent ($1000/30)*11 days
$1000 for next month's rent if they'd like to pay at move-in.
Total $1367 or $2367 if they want to pay for next month at move-in.
2007-12-27 12:47:20 · answer #2 · answered by Willow Natalia 6 · 0⤊ 0⤋
Some landlords (such as much) only asked for first month, and a security deposit. OTHER landlords require you to pay first month, last month, AND a security. The "last month" money covers your last month of living in the apartment/house (usually...don't quote me on this)
In short..the answer is yes they can..and you cannot move in until you've given them all the funds they've asked you for. You COULD, however..try to ask them if they'll give you a week or two of wiggle-room to come up with the money..but don't count on it.
2007-12-26 15:14:41 · answer #3 · answered by :-) 6 · 0⤊ 0⤋
Sure can. You pay the first months rent so you can live there the first month. The security deposit will cover any damages you cause. It's refunded if there are none and you pay the last months rent so you can't use your deposit as last months rent in case there are damages.
2007-12-28 18:17:51 · answer #4 · answered by Classy Granny 7 · 0⤊ 0⤋
Sure! They can set it up how they want. You may want to try to find a place that asks for first & last with no deposit or first and deposit. This landlord is a bit steep. Just check around.
2007-12-26 14:16:03 · answer #5 · answered by windybreeze 3 · 0⤊ 0⤋
Yes, and he can even ask for the moon. It doesn't mean that he will get it. This may be common in very high rent districts, but is unusual in most areas. It could also be common in some student rental areas.
2007-12-26 14:16:42 · answer #6 · answered by Bibs 7 · 0⤊ 0⤋
Yes they can, and in fact most do. You should check out your states website. They should have a section or pdf download that lists tenant and landlords laws and rights. To see what is and what is not legal for both parties.
2007-12-26 14:15:45 · answer #7 · answered by ngawlyg 2 · 0⤊ 0⤋
Yes. Thats pretty much standard procedure now-a-day's. It helps you in the long run as when you do want to move, your last months rent is covered.
2007-12-26 14:14:46 · answer #8 · answered by nikki696 4 · 0⤊ 0⤋
Yes, this is standard practice. I hope you can afford it. I usually pay a few months rent at a time.
2007-12-26 14:13:37 · answer #9 · answered by Anonymous · 1⤊ 0⤋
Yes, it's called a lease. Most landlords require it and references too.
2007-12-26 14:13:47 · answer #10 · answered by Sapphire 5 · 0⤊ 0⤋