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General Landlording & Rental Properties

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E.S. Burrell
  • Rental Property Investor
  • Michigan
205
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192
Posts

Holding rental property with a deposit and promissory note

E.S. Burrell
  • Rental Property Investor
  • Michigan
Posted Jan 18 2020, 03:33

Hello

I have an applicant who wants to move in early February. I required a deposit to hold the home. Does anyone have a promissory letter example or can help me with wording they’ve used to insure its non refundable if he changes his mind and that I promise to not rent out to someone else. Thank you

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