RENTAL PROPERTY – WASHINGTON STATE – HOLDING DEPOSIT

Real estate concept.Isolated on white.3d rendered.If the tenant doesn’t move in, the landlord may keep the holding deposit as long as doing so is in accordance with the statement of conditions given to the prospective tenant.  (RCW 59.18.253)

In other words, if the landlord wants the prospective tenant to pay any money prior to move in, a receipt and these disclosures must be provided.  There is no language in the MLS lease that fulfills this requirement!

Nothing found herein should be construed as an attempt to offer or render a legal opinion or otherwise engage in the practice of law. You should obtain the advice of an attorney well versed in these matters

About Coldwell Banker Bain Property Management

As residential property managers for Coldwell Banker Bain Property Management Division, we manage single family residences, individual condominium units and small apartment complexes in the greater Puget Sound region. We serve Seattle, Tacoma, Anacortes, Marysville, Bainbridge Island, Lynnwood, Everett, Redmond, Bellevue and many other cities in Washington State. We also offer full service commercial property management.
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