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30-Jul-2016 14:15

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I don't see a problem with at least asking about it.

The landlord will simply earn interest on the money.

Or would a Landlord object and request a check for immediate funds to secure the apartment.

Tenant obviously wants to hold onto funds as long as possible and Landlord wants secured funds to hold the apartment. Thank you, Matsui I've done this before but not for the length of time you've listed.

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In the case of February's rent, the product/service the tenant is receiving is the apartment for the month of February. While convenience may play a role, I suspect most LLs request the first month's rent at lease signing to ensure Tenants have some "skin" in the game.Please register to post and access all features of our very popular forum. Over ,000 in prizes has already been given out to active posters on our forum. Post-dated checks (including undated signed checks, are referred to in this article as “PDCs”) are a longstanding form of security in commercial transactions in the United Arab Emirates (UAE), particularly in Dubai.It adds up to the same amount of money in the end, but the security deposit is bigger.

If it's worth it to you to risk X Y dollars rather than just X dollars to secure the apartment for you, then you should do it. You could write a post-dated check if you want (see examples above), but if someone asks YOU to write THEM a post-dated check, run away as fast as you can! This isn't done so much any more, most places do electronic fund transfers, but you can still do it this way if you choose, and it is perfectly legal.