Landlord asks for 3 times the monthly rent as a deposit before moving in.
Hi everyone,
This is a burner account to stay anonymous.
I am in the process of moving, and I have already attended a few viewings.
At one of the apartments that I viewed, the landlord is asking for a deposit of 3 times the monthly rent.
I am aware that it is illegal to ask for more than 2 times the rent, and I suspect that the landlord knows this too.
According to the listing where she posted her apartment, she listed the deposit as 2 times. But in the lease agreement, it says 3 times the rent.
She says that she will refund a third of the deposit after 1 year if I request so.
My problem is that the apartment is ideal for what I'm looking for. It is located in a nice area and if it weren't for this deposit, I would sign the contract immediately.
What is your advice? I feel I should report this to some authority or other, and I know for a fact that the landlord is going to turn me down of I do so.