Hi All,
After expressing our interest in renting a place the landlord has requested that we give them a deposit. The agent is in typical agent fashion is pushing for the desposit. Comments such as "you will miss your chance", "we can't hold it for you" , "another tenant has seen it and will probably take it" etc.
My first concern was the deposit would be non-refunable which means the landlord can put any type of language in the main contract. If we don't like and walk away we lose our desposit.
The agent is proposing we give the landlord a deposit (which is equal to one months rent) sign a temporary contact and then sign the main lease contract.
I am very sceptical about the whole thing. If others have been in this situation let me know if they agree or like my wife think I am overreacting.
Thanks a lot