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Lease deposit question

Posted by ply2monaco - Created: 5 years ago
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1 reply

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Posted by Italo - 5 years ago

Hi ply2monaco

This does not sound right too me.

I could understand their requesting a cheque from you against a receipt fro them and confirmation in writing that the same will only be cashed if the offer is accepted and upon signature of the rental contract.

I've rented and always had the same treatment, made the offer in writing, if accepted signed the contract and against an invoice from the Realtor issued the cheque, for deposit, their fees and the rent I was always asked for three months in advance as well as a downpayment on the condo fees.

They then always called my bank to make sure the cheque was covered, very discreetly they moved to another room to make the phone call, and then handed me the keys. They even then assisted with the transfer of the utilies ( water and electricity).

Not sure but check with realtor board and see what they say.