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Can a landlord keep your deposit if you back out before signing a contract?
Wiki User
∙ 14y ago
"I would check with an attorney on that question. So I would have the legal advise on that question. I hope that this was some help."
Wiki User
∙ 14y ago
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If you signed a lease and did not pay a security deposit is it valid?
Signing the lease and paying the security deposit are two separate issues. Furthermore, if you don't pay the security deposit then you could be in violation of the lease terms and be evicted if the landlord chooses. Normally you pay the security deposit before you and your landlord sign the lease, or work out a payment plan that you and your landlord agree to. If your landlord agreed to allow you to skip the security deposit then that part of the lease is waived and the rest of the lease stands.
Is there a law requiring a landlord to give a walk through before keeping a tentants deposit?
There is no law requiring a landlord to give a walk through before keeping a deposit. However, if the landlord did not give a walk through, it is easy for the tenant to argue that the landlord is lying because there is no proof that the damage being claimed by the landlord really existed at move-out.
Why does a lease gives both the tenant and the landlord security?
A security deposit is a refundable deposit that a tenant pays to their landlord before they move into a property As long as a tenant abides by the terms of their lease, this deposit should be returned to a tenant when their lease has expired. There are certain situations where a landlord is allowed to keep all or part of a tenant's security deposit.
How can I be sure to get back the deposit for a banquet hall rental?
Read the contract. Make sure you understand the language before signing it. Find out what "normal wear and tear" means. Understand the condition the space is to be left in. If there are problems up front, address them before you take possession and have these things written into the contract. You cannot amend the contract after the fact, no matter what.
Can a car dealer cash a deposit check before the contract is completed?
Yes, they can cash a deposit check before any contract is completed. The purpose of a deposit check is to hold a vehicle for a person while they are waiting on the financing to go through.
Does a deposit obligate you to purchase the product?
You need to read the terms of service before signing any contract or putting down a deposit. Probably depends on what you are purchasing. For high dollar purchase, a purchase might be a custom order, and if the order was canceled, it might be subject to restocking fees.
What are the most important things to know about solar panels before signing a contract?
Before signing a contract on solar panel, you need to about the roof penetrations and wind loads as they are very important things that you should note.
Negotiating the Lease Agreement Term?
When it comes to securing office space, the lease agreement is of special importance. It can later be a source of trouble for the business, even if the landlord appears reasonable. Negotiating a lease offers the benefit of seeing more of the landlord's character before signing anything. The most important point for the tenant is the term limit of the contract. A shorter term with option to renew is best for the tenant, because this increases options and disallows the landlord to end the relationship at the end of the contract. However, landlords are likely to give additional concessions with the tenant's agreement to an extended lease. Take the time to consider the future of the business thoroughly before signing.
What should I know before signing a real estate contract?
Make sure to read the contract carefully and have the house checked and inspected by a professional. This will ensure a safe and fair signing.
If someone purchases a lot of land and is under contract to purchase that land and it is deemed bad land after signing the contract how do you discharge this contract?
You would execute the inspection contingency clause in the contract that permits you to terminate the contract and reclaim your deposit after the inspection turns up material defects that you will not accept. Additional comment: That's why it is important to consult an attorney BEFORE you sign a P & S Agreement.
What is the process of renting a home these days?
The process of renting a home will vary depending on the landlord, whether the home is listed with a realtor and other factors. In general, the landlord will advertise the home for rent. The prospective tenants either contact the landlord or property manager directly for a showing or go through a realtor. There may be an application, background check, reference checks, a credit check and/or an employment check. The tenant typically pays a security deposit, pet deposit if applicable, and up to two months in rent before signing the lease.
Can you cancel your car loan before you receive the money?
3 days after signing contract
