Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago, 02/10/2020

User Stats

45
Posts
0
Votes
Alan Bosca
0
Votes |
45
Posts

Tenant signs lease but doesn't pay first month & security?

Alan Bosca
Posted

Hi -

What is the best way to avoid the situation of having a signed lease and no payment before move in?  Don't want to be stuck with a stall for weeks then non-payment.

Does the act of signing make it a valid lease or does the consideration/money need to be delivered to be valid?

Will a clause in the lease saying not valid until money is received, and lease offer is revoked if not received within 3 days of signing solve this?

I'm in California, if someone could point me to relevant law - thx!

Loading replies...