If you have a license you must have a trust account for your tenant's security deposit.

You will receive the security deposit in Checking but then transfer it to Savings.Savings: Hold the deposit here so it's separate from operating funds.

I was able to get the seller agent to give a 30 day grace period where I can get my 1k deposit back for any reason.

Charge a large deposit seperate for the golf cart.

How much of a security deposit do you have?

Or should I talk to him and ask for additional security deposit since we received the bankruptcy letter?

No money for a deposit 2.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

We always request prospective residents provide copies of the bank statements where their paychecks are deposited.

I was on their lists for a while getting “deals” but they were never any good and they always had quick turnaround pressure-cooker sales tactics and non refundable deposits.