Statewide Video Thu Nov 14th – Thu Nov 21st: Security Deposits, Last Month’s Rent and Move-in Monies
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This video series will teach how to take move-in monies as a landlord in Massachusetts. We will discuss the four allowable charges:
- First month's rent
- Last month's rent
- Security deposit
- Locks
Security deposits are one of the primary liabilities for Massachusetts landlords. If you make a paperwork mistake,
you might owe your renter three times the amount of the deposit plus attorney's fees! But we'll show you how to protect your property with a deposit, and how to protect your business with bulletproof compliance.
We will compare and contrast security deposits with last month's rent.
Can you charge a pet deposit? Application fee? Amenity fee? Attend and ask why not.
Members will leave knowing what Massachusetts law requires when taking move-in monies and how to operate with peace of mind.
Part of this presentation will be given by Doug Quattrochi, Executive Director, MassLandlords, Inc. Doug was a founding member of MassLandlords in 2013. He became the association's first Executive Director under new bylaws in 2014. Since then, he has scaled the organization from a core of 160 members in Worcester to approximately 2,500 dues paying businesses from Pittsfield to the Cape, and from an all-volunteer team to approximately 20 full and part-time staff plus 50 volunteers. Doug has been instrumental in advancing democratic governance mechanisms, including score voting for policy priorities and a staggered and democratically elected Board of Directors. Doug also oversees the RentHelper spin-off, which is expanding access to electronic banking for those of us who are unbanked or underbanked. Prior to MassLandlords, Doug held leadership roles in various Massachusetts startups, two of which are still operating. Doug holds a Master of Science in Aerospace Engineering from the Massachusetts Institute of Technology.
"Doug's presentation was excellent. He was very clear and provided detailed explanations." -Larry
"Doug always holds very informative classes full of substance and Very organized!" -Thomas
"Your answers to member's questions were most helpful." -Liz
| Public Ticket (early bird) |
Member Ticket (early bird) |
Public Ticket | Member Ticket | |
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Statewide Video - Thu November 14 - Thu November 21 Security Deposits, Last Month's Rent and Move-in Monies |
Members only | Free and no need to registerFree and no need to register Member? Log in. |
This video has been recorded by MassLandlords, Inc. staff.
This Video counts for continuing education credit for Certified Massachusetts Landlord Level Three. Watch the video and mark it as watched by clicking the button below the video.
Want to record with us? Submit a speaker request.
This is part of the Virtual rental real estate networking and training series.
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