Submitted by Ecofolux2427 t3_zhjnpm in boston
thatpurplelife t1_iznvhk5 wrote
Reply to comment by No-Garlic-2664 in What gives, landlords?? by Ecofolux2427
Landlord can accept 3 months worth of rent upfront, first, last, security. So while the offer is a good deal in theory, it doesn't really help the landlord.
Wtf_is_this1234 t1_iznzi07 wrote
I mean, the landlord could accept the entire lease amount up front and that certainly saves them the hassle of chasing people for money every month. The problem of course is what happens when the lease expires?
thatpurplelife t1_iznzwbu wrote
They can accept but it's illegal.
Wtf_is_this1234 t1_izo03c3 wrote
No lol. It's illegal for them to require anything more than first/last/security/fee. As a tenant you're free to pay the entire lease balance up front, it's just stupid to do so.
lukibunny t1_izpcegx wrote
Issue is, I can offer you one year upfront and you can accept it and then 11 months later i can sue you and say you required me to pay you one year upfront and then refuse to leave or pay rent. Now i am gonna live in your house rent free until you can evict me, which will take at the minimum 6 months.
SpiritedCamel_ t1_izpknfp wrote
But in this scenario, the landlord would effectively be requiring the upfront payment because without it they would reject the tenant.
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