Yes, a minor can disaffirm a lease for an apartment, as contracts with minors are generally considered voidable. This means that a minor has the right to cancel the lease, even if it is not strictly necessary, to protect themselves from being bound by agreements they may not fully understand. However, the specific laws regarding this can vary by jurisdiction, so it's important to consult local laws for details.
At your own risk. Contracts with minors are voidable unless it is for a necessary good or is to their benefit.
You will need a co-signer on a loan if the lender has determined that you do not have enough income or the credit rating necessary to make the purchase alone. It could also be related to your age, if you are a minor.
can minor be insolvent
Minor capital is projects that are under $75 thousand.
Yes, a minor can obtain a loan with a cosigner, as the cosigner takes on the responsibility of repaying the loan if the minor fails to do so.
A minor cannot sign a binding contract for lease of a premises.
one year
yes
No. A minor cannot sign a binding contract.No. A minor cannot sign a binding contract.No. A minor cannot sign a binding contract.No. A minor cannot sign a binding contract.
Likely yes. Under general contract law principles, it is a valid contract and fully enforceable by the minor if the minor does not choose to void it. Which is why many businesses will not enter into contracts with a minor.
No, if another adult moves into the apartment, you must get permission from your landlord, and if he/she agrees, the other adult must be added to and then sign the lease. The landlord then has the right to increase your rent and to run a credit check on the other adult. If the other person is a minor child, you must put there name on the lease sort of like a dependent.
No. A minor cannot be party to a contract.
Yes, but it is not enforceable.
no, because the lease-signer is a minor. Only adults can sign and be legally responsible for a lease.l
To legally rent an apartment, you must be 18 years of age. If your are an emancipated minor, the rules are different.
18 when they become an adult. A minor can not rent an apartment nor sign contracts.
The contract can be legally binding at the discretion of the 18 year old. The minor can 'disaffirm" the contract, or say there is no contract, when he/she reaches the legal age of majority in AL which is 19.