Short Term (3 month) Lease

[Danielle Le]

I have a home available for rent. I received an inquiry from someone looking for a short term (3 month) lease with the opportunity to extend the term. They say they are waiting to see if their company is moving to another state in October. 

-What is typical for terms on a 3 month rental? Meaning, what monies are due at signing? I planned on First, Last and Security with a 12 or 18 month term.

-Are there any key differences in a 3 month versus longer term lease?

Thanks