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 almost 10 years ago,
am I allowed to accept a tenant who PREPAY several months in advance?
Hi All
I have a tenant who is self employed and she just started her business, since it is difficult to establish her income, she offers to prepay 3 month in advance for a 1 year lease. So she will put down 1st 3 months, last month and 1 month security in order to move in.
Am I allowed to do that with a tenant?
I know there are some regulations that say security deposit can be no more than 1 month, but not sure if there are other laws the regulate whether Landlord can accept prepayment of rent in FL.
Thanks.