Legal Question in Real Estate Law in California
Is there a 3 day period i can backout of a lease after signing
once i sign a lease for an apartment, is there a 3 day period that i can change my mind and get out of the lease ?
4 Answers from Attorneys
Re: Is there a 3 day period i can backout of a lease after signing
No. There is no "cooling off" period for leases. That only applies if someone solicits you at home (door to door salesman) and you buy a product. Good luck and thanks for inquiring.
Re: Is there a 3 day period i can backout of a lease after signing
No. There is no "cooling off" period for leases. That applies if someone solicits you at home. If you do not pay, the landlord could sue you for the amount of the full term of the lease and receive his attorney's fees if there is an attorney's fees provision. The landlord would have to make a good faith effort to lease the apartment. If the landlord leases the apartment to someone else, you would only be responsible for the time the apartment was not rented, plus possible costs and attorney's fees.
We would have to review the documents to properly advise you. There would be no charge to review the lease and advise you. Please call me at (818) 991-6664.
Re: Is there a 3 day period i can backout of a lease after signing
Uhh, sort of. If you do not pay your rent, your landlord will give you a 3 day notice to pay rent or quit. If you move out within 3 days, the lease is terminated.
Re: Is there a 3 day period i can backout of a lease after signing
The prior suggestion might work. A more direct answer is NO. There is no "cooling off period" or right of rescission in an ordinary residential lease. A few types of transactions have statutory rescission periods including so-called "home solicitation contracts," usually meaning door-to-door sales, time-share sales, etc., but not residential leases.