I have the money I just don't know if i'll be able to when I turn 16? I won't to open my own shop! I'm very smart for my age and I think I could really help this town!
I just need to know if I could rent a place or if I need my parents to do it for me?
2007-07-09 15:44:27 · 4 answers · asked by zim_70094 2 in Business & Finance ➔ Renting & Real Estate
In the US, a child under the age of 18 cannot sign a lease, therefore, your parents would have to rent the place for you.
2007-07-09 15:52:15 · answer #1 · answered by mindthetwine 2 · 0⤊ 0⤋
Your parents will have to sign the lease and will be legally responsible for the rent until you turn 18. Since you are a minor, only your parent or other legal guardian would be an acceptable guarantor.
Minors cannot normally enter into legally binding agreements. There is an exception in common law for essential goods and services though not all state recognize that. Since shelter is considered essential it might be legally possible to enter into a lease contract at 17, but no landlord is legally obligated to do so. The exception would simply allow the landlord to sue you for recovery and actually collect from you despite the fact that you are a minor.
2007-07-10 00:16:40 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋
I think as long as you get an apt. from a private individual. Most apartment complexes will want you to be 18. I hope that you can find what you are looking for.
You still may need to get a cosigner for this too, but hey you would still have your own place.
This site list different options.
2007-07-09 22:53:42 · answer #3 · answered by Nunya 1 · 0⤊ 0⤋
no you can't you either wait till your 18 or get your parents to help you out someway. ANY contract with a minor is null and void.
2007-07-10 00:21:19 · answer #4 · answered by piscesgurl310 4 · 0⤊ 0⤋