I put a deposit on an apt to move in on 10.01.07 and I took another position with the same company at another location and if I was to commute it would be over an hour. Not that that is important.... Can I get it back if my lease was never signed and I have not moved in obviously and I barely put the dep down on Wednesday!!!
2007-09-08 17:04:20 · 8 answers · asked by Amanda 1 in Business & Finance ➔ Renting & Real Estate
If the deposit you submitted was specified as a deposit for the apartment and NOT to reserve the apartment, you are due a full refund if the lease is never executed (signed).
2007-09-08 17:37:03 · answer #1 · answered by linkus86 7 · 0⤊ 0⤋
First off all states have different laws concerning deposits. I feel your best thing to do is call or meet with the person who took the deposit and explain to them what had happened. Waiting only makes the matter worse. I would say (I'm not an attorney) that without signing anything you should be able to get it back. I believe consumers have a three day refusal period but I'm not sure if this applies to real estate. Most good business people would return your money as long as you don't wait and explain the situation to them.
2007-09-09 00:18:38 · answer #2 · answered by Joshua S 2 · 0⤊ 1⤋
I would contact the property management and talk about your situation, otherwise you will have to read your renters contract and find any reference to cancellations and penalties. But since you did not sign the contract you may be entitled to your deposit, I would also note that in certain states, a verbal agreement may also be considered a legal contract. Contact the local BBB, and your local County and State fair housing office for further help if you are unable to resolve the issue with the property management.
2007-09-09 00:21:09 · answer #3 · answered by Marine Guy 1 · 0⤊ 0⤋
I believe you will have to find another person to live in that apartment and then ask that person to pay u a deposit. From my apt. in Davis, CA, if you put down the deposit you cant get it back because its mostly a contract.
2007-09-09 00:10:30 · answer #4 · answered by Touchstone 2 · 2⤊ 0⤋
Well since a lease hasn't been signed yet, very good possibility that what you gave the landlord would be considered earnst money. What that means is, money you give the landlord to hold the apartment for you. If you later decide not to move in, the landlord can keep it.
The best you can do is ask the landlord for it back, be nice to him, explain the situation and hopefully he will give it back. Though it sounds like he is not obligated to do so.
2007-09-09 00:13:34 · answer #5 · answered by AJ 7 · 1⤊ 0⤋
In my state, most will allow the deposit back, but you really have to check with the office as their management company will determine that policy.
2007-09-09 00:13:31 · answer #6 · answered by DMC 2 · 0⤊ 1⤋
Doubtful. That's what a deposit does. It insures that no one else can rent the same unit.
2007-09-09 00:11:53 · answer #7 · answered by Anonymous · 2⤊ 0⤋
You should however they might charge you a small processing fee. Problem would be if you didn't tell them until this month was over. They should have no problem finding another tenant.
2007-09-09 00:14:08 · answer #8 · answered by Anonymous · 0⤊ 1⤋