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Tenant agreement / deposit/rent


collette

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I have found new tenants to move into my property in 4 weeks time. Do we sign the tenant's agreement and do the tenants pay the deposit and rent in advance or do we wait until day their contract begins in 4 weeks? As you will gather I am new to letting property!

Look forward to a reply,

Thanks

Collette B)

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Take a deposit now give a reciept signed by yourself and the tenant keep copy for yourself.

if you get the AST filled out for the date you want it to start but the AST dated from now and siged by all parties its legally binding so if they pull out there is no reason why you can`t keep their deposit. (or part of it depending how generous you feel)

The rent can be paid on the day they move in (if its cash)

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