General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago,
Is it okay to ask for 2x deposit + 2x rent (first and last month)
Since all the applications I've been getting have really bad credit scores, and having gone through evicting a tenant who couldn't pay me three months' worth of rent, I decided to ask for double deposit and first and last month's rent.
The applicant I approved signed the lease with these fees specified but upon moving in, he only paid me 2 months' deposit and 1 month's rent (I was in a hurry when he handed the payment, I just assumed he paid what was agreed on in the lease).
I found out later that he didn't pay the full amount and talked to him about it, he said it's illegal in the state of Maryland to ask for 2 months' rent on top of the double deposit, even if it's specified on the lease and he signed it.
I already talked to a lawyer about this, I was told that he isn't aware of any such laws in Maryland prohibiting or allowing landlords to ask for 2 months' rent in advance on top of a double deposit.
Would anyone know if it is indeed illegal to ask for 2 months' rent besides a double deposit?