> Real Estate Contract - Legal Issue?

Real Estate Contract - Legal Issue?

Posted at: 2015-03-04 
first of all you not having a copy with her signature is a moot point. I assure you she will produce a copy with her signature in court.

The lease was legally binding the minute you signed it. Yes she has every right to sue you for rent until the unit is re-rented. Since she has such high demand for the unit you should not have to pay much.

FYI business law & landlord tenant law are 2 VERY different things. Breaking a contract under landlord tenant law is not so easy.

Im not an attorney..

,most cases are if the lease is both names and only 1 signature is signed and not the other person then the contract is not ratified, (Is this the case)

Dont dislike what i said when its true

You signed the lease, you are bound to it. Period. The contract is 100% legally binding the second you signed it.

Send LL a written notice you intend not to move in. You owe rent until someone else does. PERIOD.

Yep you are bound to it. However, she must try to rent it & when she does she can no longer charge you rent. (Can't get double). You will lose in court.

To make a long story short:

I am fresh out of college and I got a job in Illinois. I found a roommate from the company I'm working for and I sent a deposit for a townhouse I saw. She was pressuring me and she told me that another man wanted it and I sent her half of the deposit (stupid on my part I know). When I drove up to Illinois, I went to go see the house and it was ok, but we found a better option that we were happier with and it was much closer to work. I told her that she could keep the deposit ($600) and that we wanted other options. I signed a lease, but it was pretty informal. I am the only one that signed it and not my roommate because she was out of the country.

Now she is saying that she could sue me because I signed the lease and that I am responsible. She told me that she had demand from 7 other people and she told them no. I told her that if she has so much demand, then she shouldn't have a problem finding somebody else and I told her that I doubt those 7 people found a house in less than a week.

My question is: Has anybody been in a similar situation and does anybody have any insight on the legal binding of a contract? I took a business law course and I recall seeing situations where you could break the contract, etc. I am just asking before I seek legal counsel.