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Updated about 10 years ago on . Most recent reply

User Stats

15
Posts
3
Votes
Mark Phillips
  • Investor
  • Bethlehem, PA
3
Votes |
15
Posts

Paying gas/elec security deposit for tenant

Mark Phillips
  • Investor
  • Bethlehem, PA
Posted

I have my first real property after becoming an accidental landlord. I want to transfer the gas and electric to them and there is a security deposit they they are required to pay to those companies. Should I be paying for it or should the tenant? 

Thanks

Mark

Most Popular Reply

User Stats

24
Posts
12
Votes
Jake Johnson
  • Real Estate Investor
  • Ponte Vedra Beach, FL
12
Votes |
24
Posts
Jake Johnson
  • Real Estate Investor
  • Ponte Vedra Beach, FL
Replied

As @Chuy Gonzalez said, the tenant should pay.  I always require proof of utilities transfer before handing over the key.

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