That's good to know. But if I can avoid locking up money for a year by paying a one time fee, I might do it. Their ask is legal here.
Discussion
red flags going up on this one.
you certain the landlord owns the place/authorized?
I was shown the place by a realtor but I haven't met the homeowners. The realtor's explanation is that it gives an option for those who can't afford 2 months rent to secure the property and cover any potential wear-and-tear. Security deposits are pretty normal here, but many places do a move-in fee instead.