AST's deposits

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LettingsNE

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Dear Sir,

Are we allowed to take 6-months rent upfront at the start of tenancy, if we know and confirmed with the tenant that the tenancy is short-term six months only? Obviously, this would be the case of tenant, who works full-time.

Would this 6-months rent in advance be treated as Deposit or just normal contractual rent?

Please advise.

Thanks
Manav Seth

15/11/2010 00:00

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This topic has been locked as no posts have been made within the last 90 days.