Landlord Resources
Things you have to consider
Do you want to Ask for:
First, Last and Security
*Note: We suggest choosing 2 of the 3 options below. Brokers fee of 1 month rent is automatically included at cost to renter. Security Deposits (1 month rent) Must be held in trust by the landlord in Trust (Escrow).
References
Credit check
Will you include
Hot water gas / heat
if this is not separate per unit, you must include it.
Snow removal
This will take liability away from you, hire someone to do the snow removal so no one slips and falls
Common Areas
Do you have amenities? Include them, worth more money
Storage / Parking
Do you have storage or parking? Include them, worth more money
Negotiable additions
If you have extras, lets discuss if you should include them
SECURITY DEPOSIT
The security deposit is used to compensate for the cost of repair of any unreasonable damage to the rental property caused by the tenant, other occupants, or their guests during the tenancy.
A security deposit is the property of the tenant unless a landlord is authorized to use it. Therefore, a landlord must keep a tenant’s security deposit in a separate, interest-bearing bank account in Massachusetts. The landlord must also identify to the bank and the tenant that the accounts have funds that don’t belong to the landlord and are being held in trust (escrow) for the tenant.
Within 30 days of depositing the security deposit, the landlord must give the tenant in writing:
The name and location of the bank where the deposit is The amount of the depositThe account number