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 Rental deposit - 1 month, is it ok?

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mini orchard
post Mar 28 2022, 12:47 PM

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QUOTE(Danielle Lav @ Mar 28 2022, 12:37 PM)
I have a condo unit in Cheras and I have a potential tenant interested in the unit.

rental rate everything ok but comes to deposit.

they request for 1month rental deposit + 0.5 month utilities deposit. usually standard market rate is 2.5 months where 2 months rental deposit + 0.5 utilities deposit.

Is 1 month rental deposit normal?
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Security deposits are negotiable and up to both to agree.

Sometines a 2 month deposit cannot cover for the damages.

 

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