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Adam Zagel

Answers by Adam Zagel

1 answers · 7 pts

Is a double rent security deposit reasonable?

Asked by Brittnay | Copperas Cove, TX | 09-17-2021

Adam Zagel
Adam Zagel09-17-2021 (4 years ago)

Two things to consider, if you are a growing business where will you be in 5 years. Will you have outgrown the location you are looking at? Second is the lease personally guaranteeing you will pay the lease if you default before the lease is up? The double rent security deposit might be used instead of the personal guarantee.