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General Landlording & Rental Properties

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Tracy Percival
  • Appraiser
  • west milford, NJ
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Is it Worth It?

Tracy Percival
  • Appraiser
  • west milford, NJ
Posted Aug 3 2008, 10:55

Hello all,

I have a 2 BR condo in SC that is currently being shared with my son and another college kid. I have a lease with the kids mother, who lives in Maine, until the end of December, to include rent and 1/2 of the Gas/elect bill. The kid has decided that a golf career isn't for him, so he is leaving the school & the condo.

The family has not called or written me to inform me of this, I found out via my son yesterday, that he was leaving next week and doesn't plan to pay the rest of the lease. I have tried via email and phone to reach the family with no return calls. I have a feeling they do not intend to uphold the lease.

My question is, is it worth pursing legally? The balance of the lease would be $4000 + approx $400 for his portion of gas/elect., so $4400.

What is entailed with pursing a tenant (out of state) in time and approx. dollar amounts with legal fees?

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