Re: First, last and security deposit - Landlord Forum thread 151737

Re: First, last and security deposit by Jack on February 21, 2008 @19:49

Absolutely. If you do not collect all funds up front, at least make it part of the lease agreement.

** also state a deadline, that if it is not paid by the deadline, you will apply that months rent toward the deposit, causing the lease to be in default for non-payment of rent.

You can not evict as easily for not getting your full security deposit, but you can evict easily for nonpayment of rent.

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Re: First, last and security deposit by Dee Dee (Arizona) on April 17, 2013 @22:59	[ Reply ]

Pursuant to the LAW in the State of Arizona...only 1.5 x the monthly rent can be charged. PERIOD. A $500 a month apartment with a $250 deposit and last months rent = $1,250 total to move in (first, last and deposit).