Profile picture for user011952

user011952

Advice

  • (1 Contributions,
  • 0 Best Answers,
  • 0 Helpful)

Contributions are sorted newest to oldest.

Good faith deposit protocol in California

I am asking a prospective tenant to give me a $100 good faith deposit in order to take my rental off the market and hold it for him until June 1.  Do I need to give him a 72-hour right of refusal period before the deposit becomes nonrefundable?  If they proceed with the rental, the $100 will be applied to the 1st month's rent.

  (0)