holding deposit is NOT security deposit

回答: Thanks a lot! Could I ask a follow-up question -85232020-07-31 17:26:58

1. Holding deposit is to hold the unit for the potential tenant BEFORE he/she moves in.

Seucirty deposit is to cover damages caused by the tenant(s) AFTER he/she moves in. 

 2.  Please google holding deposit and see how it is carried out.

Now you should sign a holding depoist agreement, pay holding deposit.  and usually on the move in date, you and the tenant sign lease/pay rent/exchange key. 

Holding deposit agreement says Holding deposit will be transfered towards the balance Security deposit at lease signing/rent paying/key exchange meeting.

 

 

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I see, super helpful, thanks! -8523- 给 8523 发送悄悄话 (0 bytes) () 07/31/2020 postreply 18:44:16

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