Deposit/holding deposit and protecting when?
General Discussion

1,456 Thanks
7,176 Posts
8 years ago
US tenant,still in the states.

AST starts 12th Aug,she arrives 26th

Learning from my mistakes,have asked for a large holding deposit,
Have told her becomes proper deposit when she moves in.

Does this mean I protect it when she moves in or if she sends it by the end of this week do I protect it then although its still a holding deposit.
Don't really want to protect it before she moves in in case something goes wrong.

Have also asked her for 3 months in advance rent plus an admin fee,yes I have learnt

Your comments please guys so I am well covered

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £75 you can join in the discussion and get access to member's only resources and services join now.