Friday, January 17, 2014

my son signed a condo lease but never move in - he gave a security deposit of $750. Subsequently, he got laid off from his job and so he nee...

Question

my son signed a condo lease but never move in - he gave a security deposit of $750. Subsequently, he got laid off from his job and so he needs out of the lease. He is willing to give up the security deposit, but the landlord is demanding another 3 months rent or he says he will file a judgement. What are my son's options?



Answer

He should ignore these folks and wait to be sued (and he should stop talking to them). My guess is that they WON'T sue him.

They will probably put a negative report into his credit bureau file.



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