This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Massachusetts Application to Lease an Apartment with Payment of First Month's Rent as Deposit
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US-02428BG
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How to fill out Application To Lease An Apartment With Payment Of First Month's Rent As Deposit?
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Overview. Landlords are allowed to collect the first and last month's rent, a security deposit equal to one month's rent and money for the purchase and installation costs for a lock and key.
Landlords are allowed to collect the first and last month's rent, a security deposit equal to one month's rent and money for the purchase and installation costs for a lock and key.
In Massachusetts, a landlord can request first and last month's rent, a security deposit in the amount no greater than one month's rent, and a change in lock fee. No other fees can be charged, including application fees or a pet deposit.
You'II usually have to pay your first month's rent in advance and a tenancy deposit. If you rent from a letting agent they'll usually ask you to pay a holding deposit. Ask about all payments before taking a property so you don't have to deal with any unexpected costs.
In Massachusetts, a landlord can request first and last month's rent, a security deposit in the amount no greater than one month's rent, and a change in lock fee. No other fees can be charged, including application fees or a pet deposit.
A landlord must return a tenant's security deposit and any interest, minus any portion that was rightfully subtracted, within 30 days after the tenant moves out.
There is no notice of entry law in Massachusetts. The landlord does not need to provide any notice if they wish to enter the premises for the following reasons: Non-emergency maintenance and repairs.
Amount The California Civil Code establishes the maximum amount that landlords can charge tenants as a security deposit. For a non-furnished residence, a landlord cannot charge more than twice the rent, plus the first month's rent, as a deposit.
Under G.L. c. 186, §15B(1)(b), the law is clear that a landlord can charge only first month's rent, last month's rent, a security deposit, and the cost of a new lock.
I spoke with the NRLA helpline today and was advised that before signing any Tenancy Agreement, I should always get the Full Deposit and one months rent, and told the Holding Deposit Agreement also states this that initial payment is due subject to the landlord agreeing to proceed.