Rent and Security Deposit
Landlords usually require the first and last month’s rent before allowing a new tenant to
move into an apartment. A security deposit is up to the landlord. It is usually the price of
one month’s rent and occasionally you’ll find the security deposit is ½ of one month’s
rent. (For more information, refer to Module IV.)
I would need $ __
Utility Deposits and Initial Service Fees
Some utility companies require security deposits or charge initial service fees. The
telephone company, for example, will charge you to initially connect your phone.