Legal Question in Real Estate Law in Maryland
I have a property that a prospective tenant signed a lease for. He hasn't moved in but he just told me after signing the least a couple of weeks ago that he can't afford to pay the rent and security deposit. Is there something I can do?
Asked on 12/05/17, 11:32 am
1 Answer from Attorneys
Cedulie Laumann
Arden Law Firm, LLC
Legally, parties can enforce a signed contract such as a lease. Practically, however, it may make no sense to try and "go after" a new tenant who signed a lease and cannot afford to pay even the security deposit and move in. A landlord in such a situation may decide to negotiate a termination, or seek legal advice to go over other options.
While I hope this general information helps it is not intended as legal advice specific to a particular situation.
Answered on 12/05/17, 12:41 pm