I was speaking today to a military client of mine who is looking for a rental. He indicated that he had heard that military personnel did not have to pay a security deposit on a rental. I had not heard that and I even have a military family renting my personal home and they paid a deposit.
However, I was wondering if anyone had more experience with this and could give me the correct information. Is there something that allows military personnel to pay either no security deposit or a lower security deposit on a rental?
Dr. Stacey-Ann Baugh
Long & Foster Real Estate
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staceyannbaugh@gmail.com
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Question--However, I was wondering if anyone had more experience with this and could give me the correct information. Is there something that allows military personnel to pay either no security deposit or a lower security deposit on a rental?
Answer--No.
Stacey, military personnel in our area pay a security deposit. They can break a lease early with PCS orders, but that would probably be the only difference.
I have never had a military renter not pay a security deposit and I work with a lot! What would make them exempt? All military member should make sure that their lease containts a military transfer clause so should they get orders out of the area that they are protected.
Some landlords offer discounts to military members. There is often a clause in the lease that gives them an out if they have to deploy or are given orders to move. The military has their own network of attorneys and I would advise them to have an attorney review any lease before they sign. The landlord should definitely be made aware that your client is a military member. I grew up in the military and was married to a military man for 18 years. I also have 2 sons in the marine corps and know that they have both had to break a lease due to deployment. I hope this helps.
I have not heard of military personnel not paying a deposit either. Ask your client to show written proof of this very strange exception.
Certainly no law about it, although landlords may choose to do so out of patriotism.
I had never heard this.... hummm....
Your friend in Charlottesville, VA
Charles McDonald
I think someone is telling you a story. Security has nothing to do with the type of tenant it is to protect the landlord's property.
I have heard about early termination for military transfer, but not any exemption for security deposit. I have had several military rental clients and they have always paid a security deposit.
Thanks all, I appreciate your help.