Can a deposit be applied to the last month’s rent?

Only if your lease and local law allow it — a security deposit and last month’s rent are often treated as legally distinct, so confirm before applying one to the other.

From the guide Security Deposits on Seayora.

Collecting a deposit

Set the deposit amount on the lease and collect it online alongside or ahead of the first month’s rent, the same way you collect recurring rent — with a timestamped, exportable record.

Read the whole guide: Security Deposits on Seayora

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