Tenant shall not be entitled to possession of the premises designated for lease until the security deposit and first month’s rent (or prorated portion thereof), less any applicable promotional discount, is paid in full and the premises designated for lease is vacated by the prior tenant.
So it seems like its ok for me to withhold keys until I get paid. I know there are numerous red flags but we’ve met them and they do seem like really nice folks.
From a business stand point, I agree, we should run away from this but I think we can still do the lease as long as they come up with the money.
