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148
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27
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Kevin Izquierdo
  • Hillside, NJ
27
Votes |
148
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Pro-rated Deposit to Hold

Kevin Izquierdo
  • Hillside, NJ
Posted

According to Brandon Turner's Book on Managing Rental Properties: Once tenants move in and the Deposit to Hold is transferred to the security deposit to be held throughout tenancy, is the Deposit to Hold pro rated for the days that the tenant wasn't in the property?

To me, it basically sounds like a security deposit paid in advance

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