When should a potential landlord cash a deposit check?
April 28, 2011 3:02 PM Subscribe
We gave a check (for a security deposit) to a potential landlord to hold our spot in line. The landlord wasn't going to cash the check until she approved us for the house. We got the house (pending a signed lease agreement). When should the landlord cash the deposit check?
posted by jz to Law & Government (6 answers total)
She wants to cash the check before even giving us the lease agreement to read. I, of course, want to read and agree to the lease agreement before seeing the check cashed. Is it normal to cash a deposit check before agreeing to a lease or is my instinct correct that we should hold off on cashing the check until we both agree to the terms of the lease?
We really want this house and don't want to spoil things by making a big deal of this unless the landlord is doing something really out of the ordinary. I've been out of the rental market for some time now and appreciate any help.