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Billy L | Can you cancel an apartment lease contract the day after signing? |
I signed a lease today after work but later after further research, I found out about many awful reviews about the apartment complex. I would like to either cancel the lease of discuss in more detail the stipulations of my contract.
Thanks for reading.
Additional Details
I meant to say "cancel the lease *or discuss in more detail" |
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jellybeanchick
 |
Read the lease carefully to find out what kinds of penalties you would be subjected to. In many cases, if you break a lease, you will have to pay rent until they find another lessee.
Keep in mind that online reviews aren't necessarily giving you the whole truth. Usually people only write reviews if they were unsatisfied, and it could be that the majority of people there are satisfied. Also, there are some things about apartment life that suck but that you have to accept, such as loud neighbors or getting ripped off from your security deposit. And it's very possible that the management has changed since those reviews were written. |
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Jim Bob
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A lease like a sales contract, is binding after signatures and delivery, depending on the laws in the state in which you signed it and what it says.
Only a qualified Lawyer in that state can tell you for sure, but in most cases a landlord will not hold you to a lease if you are determined to get out in very short notice after signing.
First read the lease. Second go back to the person you signed with and ask about getting out of the lease and what the procedure is. Third contact a local attorney with your lease in hand ASAP if they say no or they want more than your willing to pay. Whatever you do get it in writing from the person that signed the lease to begin with.
In most states, you can be held liable for the entire amount of the lease even if you do not live there, once you have signed a lease, just like you can be held for damages on a purchase contract, a court judge can reduce it to a smaller amount if they rent the place to someone else, otherwise they can take you to the cleaners, if they don't get it leased and you don't get a written release. |
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John show wilson
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No |
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Chrys
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good luck with that...you signed and probably for a year. They can sue you if you back out and want LOTS of money from you...you should have had a thought first. |
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Ashes
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WOW they might not want to let u do that - you can lose your deposit and so on. Maybe you can see if there is a cancellation clause in the lease or in your state.
BTW I'm a landlord and i would be mad as hell - considering that more than likely i told other prospects that I already found someone. |
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Ashley H
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nope. unless you wanna pay a big fee |
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Dakko
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You can but you will lose your security deposit if that. some will take security + the advance monthly payment. |
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curious
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Read carefully your lease contract and check 'termination' and 'penalty' clauses. If it is not clear, spend some money and seek advice of a lawyer to save claims and damages. |
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Jenny J
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Contact a solicitor for an opinion, I know if your purchasing property you have a 24 hour cooling off period, this also may apply on a lease, but don't delay get to it pronto. |
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Ashwee Eff
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Depending on how long the lease is for, I guess. You'd probably have to pay though. |
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Othniel
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Read the lease that you signed. There may be a period in which you can back out but otherwise you have obligated yourself and signed a legally enforceable agreement. |
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Scotty
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yes you can just tell them that you decided to move some where eles like out of state give them some fake story they problly wont care but you can get out of it and not have to live their but you wont be able to get your secrity deposit back. this acutual happend to me a month ago i told the lady i was moving in with my grandam to help her out and she said you cant have your deposit back read your contract on what you signed you could even take it to a lawer to look it over |
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