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Paying deposit without signing a lease

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  • 25-02-2011 2:01pm
    #1
    axer
    Registered Users Posts: 5,517 ✭✭✭


    Hi,

    I have just come to an agreement with an agent for a landlord to rent an apartment.

    I now will give notice to my current landlord. We are to move in in 3 weeks time to the new apartment.

    We are happy to pay the deposit now to secure the apartment but the agent suggests we sign the lease on the day we move in.

    My concern is that if we give notice to our current landlord now not having signed the lease then there is the chance something could change on the other apartment and we get stuck with no where to live.

    Should we be pushing to sign the contract along with paying the deposit? or does it matter since the agent emailed me to say that they agree with our offer?

    Thanks for any help/advice.


Comments

  • Options
    #2
    Kosseegan
    Banned (with Prison Access) Posts: 987 ✭✭✭Kosseegan


    You can pay a booking deposit but it is not binding until you sign the lease. You should ask for the draft lease before moving in. You can pay a refundable booking deposit now. If there are terms in the lease you do not agree with, you need to find out before leaving your current accomodation.


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    #3
    silja
    Registered Users Posts: 2,921 ✭✭✭silja


    As long as you make sure it says "refundable" and you get a receipt, then I think it would be ok to pay a deposit now. Personally, I'd want to see the lease before moving in, just in case there is something in there I disagree with.


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