I sign a lease on a Friday , and decided not to move in . Gave notice of this on a Monday .
2006-10-23 13:31:27 · 12 answers · asked by Kitkat 1 in Business & Finance ➔ Renting & Real Estate
It depends on the lease and the law in your state. Read the fine print. Even after the first day it's possible that you are still liable for the fees of breaking the lease early. Good luck.
2006-10-23 13:46:58 · answer #1 · answered by Mariah 4 · 1⤊ 2⤋
The laws on this vary state to state. It could also be stated in your lease. If you have a good reason why you do not want to abide by the lease contact an real estate attorney in your area who will be able to assist you. Usually there is no charge for a consultation.
2006-10-23 13:59:44 · answer #2 · answered by mikeyc06010 2 · 0⤊ 2⤋
Unless the lease specifically states that you have 3 days to change your mind, you are legally responsible for the terms of the lease.
2006-10-23 13:33:36 · answer #3 · answered by Dennly 3 · 0⤊ 1⤋
If your state or local laws mandate a cooling-off period on residential leases, it's almost certainly stated in the lease itself. Check the lease.
If you have not taken delivery of the premises, the worst that usually happens is you are out your deposit. But if the landlord wanted to hold you to the contract he'd certainly be in a strong position to make life difficult for you.
I used to be a landlord and usually stuck them $50.00 - $100.00 or so for the inconvenience. Frankly, I didn't want a tenant who didn't want to live in my property -- if I'd pushed the issue, I would have had an unhappy tenant on my hands and all of the hassles that go with that.
2006-10-23 14:37:53 · answer #4 · answered by Bostonian In MO 7 · 0⤊ 1⤋
Check if there is a 'cooling-off' period that allows you to cancel. You effectively cancelled on the 'next' business day. Three days would make it the following Wednesday.
Good Luck!
Oh - if your decision was the result of a 'force majeur' (major upheaval) in your life - eg death of a family member , new employer going bankrupt, you might get a sympathetic hearing.
If you are flighty in your commitments - probably you'll have to face your responsibility this time.
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Pick the one that fits from the above. No offence intended. I don't know you.
Keep Smiling. Good Luck.
2006-10-23 14:01:27 · answer #5 · answered by Smilin' Fred 4 · 0⤊ 1⤋
it must be state in the sign lease that you have 3 days to tell them and if must be stated if is weekly days or business days.
2006-10-31 01:32:44 · answer #6 · answered by besos 4 · 0⤊ 0⤋
generally that's true. you would have to read the fine print in the lease to verify this is in your lease
2006-10-23 13:33:19 · answer #7 · answered by djbod2006 2 · 0⤊ 1⤋
It depends. You have to talk to the person in charge to know...
Or read the contract, sometimes you will find cancellation rules there
2006-10-23 13:56:57 · answer #8 · answered by Anonymous · 1⤊ 1⤋
JUST READ THE LEASE .. .what it says goes
2006-10-23 14:09:56 · answer #9 · answered by Anonymous · 0⤊ 1⤋
Yes in Michigan.
2006-10-23 14:04:47 · answer #10 · answered by Jenny 2 · 0⤊ 1⤋