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"SQ" <onestatusquo@yahoo.com> wrote in message
news:1156791245.330303.14370@m73g2000cwd.googlegroups.com...
>
> I'm looking at leasing a place, at $800/month, and the landlord is
> asking for
> 2 months in advance. Does that mean $800 for first month + 800 of
> Security deposit,
> or what?
> what's the standard amount to have up front?
>
> How much to pay for security deposit, 100% of 1 month's rent?
I've had two types of security deposits: The first is the First month's
cheque AND a 13th cheque to cover ANY damages during a 12 month rental
lease. If the place is okay then the 13th cheque was returned to me.
The second more common arrangement I've is the First and Last month of a
rental term are paid UPFRONT. That way the landlord is protected if you
ever skip out of town, at least for a month he or she is covered.
Generally 2 months rent is the standard no matter what format.
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Re: Standard security deposit?
