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  #1  
Old 21-11-2005, 04:29 PM
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Lease agreement
Hi guys,

Is it normal to pay two months security deposit plus the first months rent in adance?

Appreciate your help

Regards

barbara
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  #2  
Old 21-11-2005, 04:30 PM
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Yes, absolutely normal.
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  #3  
Old 21-11-2005, 04:34 PM
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God that was quick

Thanks for that just wanted to make sure they Weren’t playing us

Barbara
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  #4  
Old 21-11-2005, 04:42 PM
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KIA, do you know where this money goes while its on deposit?

Do the owners need to lodge it into a trust account or with the Housing Board, or do they keep it in their normal account? Just wondering how 'safe' my deposit is with the owner?
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  #5  
Old 21-11-2005, 05:11 PM
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saltwater : to be brutally honest, the money is not safe. I've lost money with a previous landlord who went into bankruptcy.
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Old 21-11-2005, 06:12 PM
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Thanks KIA... bit of a worry there. Maybe the best way to get your deposit back is to just stop paying rent for the last two months and pay them whatever you owe them after you move out?
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  #7  
Old 21-11-2005, 06:56 PM
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Most of the time tenants want to do this but it is usually worded against their favour. You wouldn't like it if you were a landlord too. Besides the contract stipulates that the deposit must be refunded.
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  #8  
Old 21-11-2005, 08:05 PM
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tvrlover will become famous soon enoughtvrlover will become famous soon enough
We had to pay 1st, and last 2 months + deposit
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