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Updated about 9 years ago on . Most recent reply

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59
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6
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Michael Garcia
  • Investor
  • Chicago, IL
6
Votes |
59
Posts

Breaking lease

Michael Garcia
  • Investor
  • Chicago, IL
Posted
After using a good 10 hours of my time and having me pull the property off the market for a week a prospective tenant (in Chicago) signs the lease. 2 days later calls back and says he wants all his money back. The start date of the lease was for Nov. 1. He paid first months and deposit. What do I give him back?

Most Popular Reply

User Stats

242
Posts
177
Votes
Dave Passey
  • Investor
  • Missoula, MT
177
Votes |
242
Posts
Dave Passey
  • Investor
  • Missoula, MT
Replied

I would give him everything back. You may have legal grounds to keep some of it or all of it, but the decent thing would be to give it back to him even though it has been an inconvenience to you.

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