My ex and I were sharing a storage unit but the lease was in my name and we were both paying on the rent. Now I have removed my things from the unit but his stuff is still there. When i asked how to transfer the lease to him i was told that i would have to sign a paper saying i was abandoning the unit and then he would have to sign a new lease. What does it mean or what happens when one signs a contract saying they've abandon the unit? Any advice on this subject is greatly appreciated. Thank you
2006-11-27 03:52:39 · 5 answers · asked by michelle 2 in Business & Finance ➔ Renting & Real Estate
I'm certainly not a lawyer, but I would think it means that you're no longer responsible for any of the rent. Your ex has a certain time limit (I would think) to go in and sign a new lease in only his name. If he doesn't do that, then the storage company can either throw his stuff out or can sell it if there's rent past due.
Go to www.clarkhoward.com and send them an email note...they should be able to give you complete info. (He hosts a consumer oriented radio show syndicated from Atlanta, and his "consumer action team" should be able to help you.
Good luck!
2006-11-27 03:58:32 · answer #1 · answered by Anonymous · 0⤊ 0⤋
It seems the only real danger is in if you sign the paper that you've abandoned the unit and he still has things in it, if for some reason he didn't make it in there to sign a new paper and take over the lease and pay whatever up front charges there are, they will have the right to claim and re-sell for profit whatever belongings of his are in there (since you've abandoned it).
No harm in it at all if he goes with you or right after you and takes over the contract on the unit.
2006-11-27 03:56:08 · answer #2 · answered by Rvn 5 · 0⤊ 0⤋
It just means you will officially no longer be leasing the unit. This definitively tells the company that the unit is open and you relinquish rights to its use and any property left in it.
2006-11-27 04:00:36 · answer #3 · answered by Phoenix, Wise Guru 7 · 0⤊ 0⤋
It means you have vacated the unit and are terminating any current agreement. This removes your liability going forward.
Here is some additional info. Hope this helps.
2006-11-27 03:56:07 · answer #4 · answered by Anonymous · 0⤊ 0⤋
It means you are terminating your agreement with them and he has to start all over in his name. I would make sure there are no cost associated with this before you sign off.
2006-11-27 06:35:53 · answer #5 · answered by Michelle Lynn 4 · 0⤊ 0⤋