What deposit and lease terms are typical when renting an apartment in Nha Trang?
Based on 2 discussions with 3 participants · Last activity: 4 days ago
Based on 2 discussions with 3 participants · Last activity: 4 days ago
TL;DR
Deposit is usually capped at 1 month's rent, leases are typically signed for 11 months to avoid extra paperwork, and the first payment includes first month, last month, and deposit combined.
The first rent payment is usually higher than the monthly rate — it typically covers the first month, last month, deposit, and sometimes extra fees.
Leases are typically signed for 11 months instead of 12+ — this avoids extra paperwork and official registration requirements.
The security deposit usually doesn't exceed 1 month's rent. Landlords may ask for 2 deposits only for well-renovated units or standalone houses — but this can often be negotiated down.