Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Do I need to pay an Initial Rent Payment or deposit deposit if I renew my contract or transfer?

April 26, 2017contract deposit initial pay payment rent transfer

0

Posted

Do I need to pay an Initial Rent Payment or deposit deposit if I renew my contract or transfer?

1 Answer

0

Posted

No. Although there will be an Initial Rent Payment line on your new contract, you are not expected to make this payment because you are continuing your tenancy.