General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 1 year ago on . Most recent reply

Is it legal for a Landlord take 12 months rent in advance?
I own a single-property home in Delaware. I have a renter with a questionable credit history. As a safety net, the renter offered to pay 12 months' rent in advance along with a month's worth of security deposit.
1. Is this legal?
2. Does the 12-month rent have to be put in escrow?
Thanks