Quote:
Originally Posted by possum220
I am not thinking about what they will do when I move out. In Australia if you rent before moving in you have to pay a bond. The bond is four times the weekly rent which is held in trust for when the tenant moves out. This is to cover any possible unpaid rent or damages. Therefore if my rent is 250 per week I would have to pay $1000 up front and another $500 for the actual rent. If I damage the place then or fall behind in the rent the money is taken out of the bond to compensate the owner.
|
Okay. What we have in America is a security deposit...which varies. But same thing. Damage cost would be subtracted from the security deposit. In my experience only unseasoned managers subtract anything. My ex and I once had an owner of a house we rented subtract $200 from the security deposit because they said we didn't dust a few closet shelves, and the toilet wasn't clean enough. That was just plain stealing on their part.