May 11 2017, 02:55 PM
QUOTE(Rphanic @ May 5 2017, 06:16 PM)
Hello guys,
Would like to know whats the normal rate for security deposit and utility deposit?
I recently placed a booking deposit for a unit and was told after that need to pay 2 security deposit and 1 utility deposit.
However, after they send me the tenancy agreement. They asked for 3 months security deposit and utility deposit which is not we agreed at first.
We was told they insist to be 3+1 instead of previously agreed 2+1.
I was wondering is that normal? and if i want to cancel the rental can i get back my booking deposit?
Theres no standard amount, but I would think 2+0.5 and 2+1 is normal. As a landlord, I asked for and received 2+1. There is no such thing as must follow market rate. I once told an agent I'm very open minded, all also can rent. Some just must give full 12 months deposit + 2 utility/furnishing security deposit up front. Would like to know whats the normal rate for security deposit and utility deposit?
I recently placed a booking deposit for a unit and was told after that need to pay 2 security deposit and 1 utility deposit.
However, after they send me the tenancy agreement. They asked for 3 months security deposit and utility deposit which is not we agreed at first.
We was told they insist to be 3+1 instead of previously agreed 2+1.
I was wondering is that normal? and if i want to cancel the rental can i get back my booking deposit?
Refer back to your booking deposit form/slip. Insist on as agreed.
If for some reason you dont have one (i wont go into it) then you have to nego your way out or to drop to 2+1.
Do think carefully if your landlord is one kind.
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