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Updated almost 9 years ago,

Kevin Izquierdo's profile image
Kevin Izquierdo's profile image
Kevin Izquierdo
  • from Hillside, New Jersey
  • Member since May 20, 2015
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148
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27
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Kevin Izquierdo's profile image
Kevin Izquierdo's profile image
Kevin Izquierdo
  • from Hillside, New Jersey
  • Member since May 20, 2015
Connect
Kevin Izquierdo
  • Hillside, NJ
27
Votes |
148
Posts
General Landlording & Rental Properties

Pro-rated Deposit to Hold

Kevin Izquierdo
  • Hillside, NJ
Posted

According to Brandon Turner's Book on Managing Rental Properties: Once tenants move in and the Deposit to Hold is transferred to the security deposit to be held throughout tenancy, is the Deposit to Hold pro rated for the days that the tenant wasn't in the property?

To me, it basically sounds like a security deposit paid in advance

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