Our landlord cashed the security deposit check the following day after we signed our lease. Is this right? Asked by chef420 18 months ago Similar questions: landlord cashed security deposit check day signed lease Business > Financial Services.
Similar questions: landlord cashed security deposit check day signed lease.
In Vegas apartments... They ask for money orders for security deposit, 1st and last month's rent. They deposit the money and theoretically when you move out they refund it. Your landlord cashing the check is normal.It's part of the procedure.
1 Yikes! I hope she/he put it in savings and didn't intend on using it or your not getting it back! My F-I-L is a real estate agent and the leasor to our apartment.
I have dinner at his house every Thursday. Ill ask him then and get back to you.
Yikes! I hope she/he put it in savings and didn't intend on using it or your not getting it back! My F-I-L is a real estate agent and the leasor to our apartment.
I have dinner at his house every Thursday. Ill ask him then and get back to you.
2 Well, you signed the lease, so he cashed the check. Yes, the landlord is suppose to put it into an interest-bearing account, but most landlords just mix it up with their own money, which is OK as long as he pays you the interest (which theses days is like .5%).
Well, you signed the lease, so he cashed the check. Yes, the landlord is suppose to put it into an interest-bearing account, but most landlords just mix it up with their own money, which is OK as long as he pays you the interest (which theses days is like .5%).
3 Of course it is ok for him to cash the check. Did you really think he was just going to put it in a drawer and hold onto it? There is a time limit on how long you can hold a check before it "expires" and will no longer be honored at the bank.As long as you have a receipt or it is noted on the lease that you paid the security deposit, he can do whatever he wants with the physical check.
Also, landlords are not legally required to pay you interest on the security deposit.
Of course it is ok for him to cash the check. Did you really think he was just going to put it in a drawer and hold onto it? There is a time limit on how long you can hold a check before it "expires" and will no longer be honored at the bank.As long as you have a receipt or it is noted on the lease that you paid the security deposit, he can do whatever he wants with the physical check.
Also, landlords are not legally required to pay you interest on the security deposit.
I co-signed a lease for my sister. She has decided to break it and is being served. Can her widow gov.
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Can bank can do that.
I co-signed a lease for my sister. She has decided to break it and is being served. Can her widow gov.
Check be attached?
I agree to have tenant move in before a lease was put together now they refuse to pay the rent and the security deposit.
Do I get my deposit back if I break my lease.
I was told that the landlord wouldn't sign until he got the deposit. He signed but I wanted out. Can I get out of this?
Paid secuiry & pet deposit. No lease signed , never moved in. Can we get the depoist bac?
I paid a deposit and first month's rent, signed the lease and never got the keys. Can I legally get my money back in Tn?
One of my employee cash or deposit a check with out my signer on the front and a day early . Can bank can do that.
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