A pre-lease deposit agreement is an arrangement between a prospective renter and the landlord where a money deposit is placed to reserve a rental property for a future period. Typically this deposit is equal to the cost of the property’s first month rent.
Signing and paying a pre-lease deposit agreement will take the property off the market and begin the referencing process. A tenant is essentially committing to a rental unit in a written agreement. If possible, it is always recommended that a renter view the property in person before making such a commitment. This benefits both the landlord and the potential tenant in not removing the property from the market if it really will not fit the tenant’s needs in the long run.
Potential tenants can view our pre-lease deposit agreement as part of our online rental application or contact us for more details.
As the leaves begin to turn vibrant shades of red, orange, and gold, and the…
At Cincy Rents we offer lots of housing options from apartments and condos to full…
Cincinnati, often referred to as the Queen City, is a vibrant and charming metropolis located…
Finding a new apartment can be an exciting yet overwhelming endeavor. Many factors come into…
Note: This article is for informational purposes only. Any changes to your apartment are contingent…
Summer in Cincinnati is an exciting time filled with warm weather, lively festivals, and a…