Can you collect a whole year rent upfront?
Hey all! Great to find this amazing site with so many helpful community betters. Been reading a lot of the knowledge and insight you all have been offering and it's great stuff, thank you!
I have a question if you can collect a whole year rent up front? I know the standard is first, last and security deposit. However I have a property with such high demand that the possible tenant offered the full year upfront to lock in the property. I'm from MA and I just wasn't sure if this is legal to do so?
Thanks in advance for your help!!!
Ryan