Is a $500.00 holding deposit legal for renting a house in california?
Answers:
Sounds cheap, especially for CA. From the owner's point of view, he's got to fix anything broken when you leave and in a house costs add up really fast.
Is it refundable and would it be used for a deposit. I would check with your local bbb.
Sounds good, as long as you get to use it towards the down payment.
When you say holding deposit, what exactly does this mean? Is it just a deposit to hold the house for a specific period? Will it be refunded or used toward rent? When will it be returned? etc. GOOD LUCK
The answers post by the user, for information only, BAnswer.com does not guarantee the right.
More Related Questions and Answers...