Rentals in Sarasota>Question Details

James Wolf, Real Estate Pro in Shonto, AZ

Is First/Last AND security typical for annual rentals?

Asked by James Wolf, Shonto, AZ Mon Jul 15, 2013

0 votes Share Flag Rentals in Sarasota

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Jameswolf08, Yes and possibly an additional pet deposit.

Some landlords will work with you and accept payments either prior to move in or just after move in.

Typically, security deposits are equal to the monthly rent.

Best regards,

Lynn Brock
Brock Realty Inc.
0 votes Thank Flag Link Mon Aug 5, 2013
Just in case you needed additional confirmation, we agree with the previous replies. First, last and security deposit is typical for annual rentals.

Jen and Mark Bowman
Keller Williams on the Water
0 votes Thank Flag Link Thu Jul 18, 2013
Rentals in our area don't last long and there are often multiple people who are willing to rent. First, last and security are now the norm and most tenants are more than willing to agree for a nice property.

Five Year Winner - Five Star Award- Best in Client Satisfaction
Sarasota Home Realty
2100 Constitution Boulevard
Sarasota, FL 34231

Phone: (941) 544-6763 FAX: (941) 866-7588
0 votes Thank Flag Link Mon Jul 15, 2013
Hi James,

Yes it is typical but some will only require first and security. You can always negotiate it but rentals today are demanding higher up front down payments due to the number of tenants with credit issues from losing homes. Demand for rentals are high and inventory is low so prices to rent are higher. Most seasoned owners who rent have learned to collect as much up front to take care of issue that often arise.

My best,

Teresa M. Fellows
ERA Waterside Realty
0 votes Thank Flag Link Mon Jul 15, 2013
Yes, that is typical. You can read more about rentals on the Florida Landlord and Tenant Laws web site:

Tammy Hayes, Realtor
RE/MAX Palm Realty
0 votes Thank Flag Link Mon Jul 15, 2013
Yes, although you can find rentals that only ask for 1st and security, most require 1st, last and security or rent x 3. A typical annual lease will have an early termination fee of 2 months collecting 1st/last/sec. the landlord already has in their possession those two months should the tenant decide to break the lease.
0 votes Thank Flag Link Mon Jul 15, 2013


Most of the time, yes. But one can always try and negotiate for a lesser security or possibly no security.

Rhonda Masotta
Sandals Realty of Sarasota
5218 Station Way
Sarasota,FL 34233
(941) 504-4349
0 votes Thank Flag Link Mon Jul 15, 2013
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