Assertion: landlord's rent | /r/HasProperty | prepaid
Facets:
Source sentences:
text: If a landlord receives prepaid rent, it shall be placed in an escrow account in a federally insured depository authorized to do business in Virginia by the end of the fifth business day following receipt and shall remain in the account until such time as the prepaid rent becomes due.
text: In most cases, renters shouldn’t plan to get the keys until their landlord has collected (and cashed) a deposit and any pre-paid rent.
text: If the utility service is not restored and you move, the landlord is required to return prepaid rent and refundable security deposits within 4 days.
text: It might seem like a winning proposition for a landlord to accept prepaid rent.
text: However, it’s not a good idea for all landlords to accept prepaid rent, and there are 5 reasons why they won’t accept it.
text: When the landlord accepts prepaid rent, they’re agreeing that you can pay that rent rate for the months you’ve prepaid.
text: Many landlords want the flexibility to charge a higher rent down the road, and they won’t accept prepaid rent for that reason.
text: A landlord who accepts prepaid rent from a tenant in a month-to-month lease has in fact extended the lease term that now has to be honored.
text: If the landlord wants you to move out, they won’t accept prepaid rent.
text: If you can get the landlord to accept prepaid rent, and you can afford to pay it, you’ll benefit as a tenant.
text: In most cases, renters shouldn’t plan to get the keys until their landlord has collected (and cashed) a deposit and any pre-paid rent.