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General Landlording & Rental Properties

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Christian Bors
  • Real Estate Agent
  • Mechanicsburg, PA
216
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529
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Signing a lease a month in advance, what do you collect?

Christian Bors
  • Real Estate Agent
  • Mechanicsburg, PA
Posted Aug 30 2015, 07:06

On Tuesday, I am having my newly accepted tenant sign a lease starting 10/1.  Since the lease won't begin until October, what should I expect as far as collecting first month's and security deposit.  We agreed to a 1.5 months security deposit which they are bringing.  Do you also require first months rent even though the lease doesn't begin for another month?  I have not yet responded to the request of signing the lease on Tuesday, so I can respond to the tenant telling them what to bring.

Thanks in advance.

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