Holding fee on a rental in Texas
I did a search and didnt find info exclusive to Texas.
I have an applicant that qualifies and wants the property, it wont be ready for about 10 days.
I am planning on collecting a holding fee of 250 to be applied to her security deposit upon signing of the lease. Non refundable if she does not sign the lease on ready date, as I am stopping any advertising for prospective tenants.
Just wanted to know and make sure i have this right, as I do not have a document in place for this. I do have one to prorate the rent, that she will sign along with the lease.
I would love to connect with Texas landlords! I am an out of state land lord (CA)
The rental is in the Wichita Falls area. Id love to also discuss trends and anything else pertaining to the area!
Thanks!