S
Sheva
Guest
Hi
I am a one man start up looking to lease office space near the city centre. I agreed rent, rates etc. Now the landlord is looking for 3 months rent as a deposit on top of the initial 3 months rent paid in advance. His point is that as a start up I have no track record, which I can see. The deposit would be paid back at the end of the lease, c. 4 years
Is this standard practice?
Any help appreciated
I am a one man start up looking to lease office space near the city centre. I agreed rent, rates etc. Now the landlord is looking for 3 months rent as a deposit on top of the initial 3 months rent paid in advance. His point is that as a start up I have no track record, which I can see. The deposit would be paid back at the end of the lease, c. 4 years
Is this standard practice?
Any help appreciated