Results 1 to 7 of 7
  1. #1
    Join Date
    Sep 2007
    Posts
    4

    Default Cancelling A Lease Before The Tenant Moves In

    If I have a propective tenant who was unable to come up with the rent and security deposit prior to moving in and taking the key, can I cancel the sgned lease? It says in the lease when and how the lease was to start and the tenant was not able to come up with all the rent and security. I plan on refunding all the monies already given. What would my liabilities be for doing so?

  2. #2
    Join Date
    Mar 2005
    Location
    Michigan
    Posts
    28,906

    Default Re: Cancelling A Lease Before The Tenant Moves In

    Laws are different in each state. What was the purpose of the money you accepted?

  3. #3
    Join Date
    Sep 2007
    Posts
    4

    Default Re: Cancelling A Lease Before The Tenant Moves In

    NY, first 2 months rent and $500 to security. Balance of security was not paid prior to the start of the lease.

  4. #4
    Join Date
    Mar 2005
    Location
    Michigan
    Posts
    28,906

    Default Re: Cancelling A Lease Before The Tenant Moves In

    If this is NYC or a rent controlled unit elsewhere, you'll have to explore local laws.

    You are stating that the lease is now in effect, but that the tenant has not taken possession? Have you spoken with the tenant about this situation?

  5. #5
    Join Date
    Sep 2007
    Posts
    4

    Default Re: Cancelling A Lease Before The Tenant Moves In

    That's right, they have not taken possesion of the key or property. Am I just liable for any damages they "may" have incurred?

  6. #6
    Join Date
    Mar 2005
    Location
    Michigan
    Posts
    28,906

    Default Re: Cancelling A Lease Before The Tenant Moves In

    I am not clear on the facts. If the tenant was supposed to move in on Sept. 1, but did not because he has not met the condition prerequisite to moving in and wishes to abandon the lease, contact him tomorrow about sending him his refund.

  7. #7
    Join Date
    Sep 2007
    Posts
    4

    Default Re: Cancelling A Lease Before The Tenant Moves In

    They may still want to move in, but I do not want them to. Between a low credit rating and now not being able to come up with the security before moving in, I am no longer willing to risk renting them this property.

    1. Sponsored Links
       

Similar Threads

  1. Rental Agreements: How to Collect if Tenant Moves Out Early
    By forcedsquint in forum Landlord-Tenant Law
    Replies: 1
    Last Post: 09-05-2011, 12:37 AM
  2. Rental Agreements: Tenant Moves Out Before Commercial Lease is Over in Los Angeles
    By slf310 in forum Landlord-Tenant Law
    Replies: 1
    Last Post: 04-27-2011, 01:53 PM
  3. Change of Ownership: Sale Or Rental At A Higher Price As Cancelling A Broken Lease
    By radman in forum Landlord-Tenant Law
    Replies: 3
    Last Post: 02-18-2007, 10:48 AM
  4. Rental Agreements: Cancelling A Lease Before Moving In
    By smichellem05 in forum Landlord-Tenant Law
    Replies: 5
    Last Post: 01-12-2007, 08:47 AM
  5. Eviction Notices: Rights if tenant moves out before 30 day notice is concluded
    By Ophelia68 in forum Landlord-Tenant Law
    Replies: 2
    Last Post: 04-12-2006, 06:31 AM
 
 
Sponsored Links

Legal Help, Information and Resources