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What are the payment terms for leasing out a property?

April 26, 2017leasing payment Property terms

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What are the payment terms for leasing out a property?

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For leasing a property you have to pay annual rent in advance by post dated cheques and a refundable security deposit. The number of rent cheques or rental installments varies depending on the landlord. And also you have to pay a commision payable only once normally.