Cancellation terms Nevada
This is a discussion on Cancellation terms Nevada within the Landlord vs Tenant Issues forum, part of the REAL ESTATE & PROPERTY LAW category; I signed a contract and was ready to move in to a condo and had placed a small deposit. After ...
|POST NEW QUESTION|
||Thread Tools||Search this Thread||Rate Thread||Display Modes|
|Apr 20th, 2009, 06:09 PM||#1|
Join Date: Apr 2009
Cancellation terms Nevada
I signed a contract and was ready to move in to a condo and had placed a small deposit. After returning to the condo complex found that there were multiple "uninhabitable" condos on premisis due to mold and other issues. Many of the homes were bank owned and being forclosed and our renter wanted to deal solely in cash. The next day I called him to cancel our contract and now he is threataning to take us to court. We never took possesion as in we never recieved the keys or began move-in. Is there something that protects me especially finding out the condos may be uninhabitable and the fact I'm cancelling less than 24 hours after signing and cancelled my check deposit. Please Help! I live in Nevada so if there is a Nevada specific law please help!
|Our lawyers can help you avoid foreclosure to salvage your home, buy time to pay mortgage debts, and resolve your financial troubles. Consult Your Own Personal Lawyer Now!|
|Apr 22nd, 2009, 11:10 AM||#3|
Re: Cancellation terms Nevada
The last poster is wrong. The uninhabitable or financial conditions of other units have nothing to do with your unit. Unless your unit is uninhabitable, you have signed a contract to take possession and rent the place. What is next door is not your problem. It should have been a concern to you prior to signing, now it is too late.
There is no cancellation period that applies to residential rental contracts, only to purchase contracts. You are obligated by that contract you signed. The LL is obligated to try to re-rent the unit. However, you are financially liable for the rent until it is re-rented, advertising fees, agent fees if he uses on to find a new tenant, and any other unreimbursed costs the LL suffers because you broke the contract with him. If your contract contained a termination fee, you will oer that amount instead. He can deduct these costs from your deposit and send you an itemized deduction statement within 30 days, and sue you for any costs that exceed the deposit.
|Bookmark & Share|
|cancellation, contract, lease, nevada, renters rights|
This thread has 2 replies and has been viewed 1653 times
|Thread Tools||Search this Thread|
|Display Modes||Rate This Thread|
|Thread||Thread Starter||Forum||Replies||Last Post|
|How to cancel a no-cancellation contract||Unregistered||Miscellaneous Topics||1||Oct 9th, 2010 09:57 PM|
|cancellation of car reservation||Unregistered||Consumer Complaints||2||Aug 6th, 2010 08:18 AM|
|Contract cancellation problem please help...||Unregistered||Business Contracts & Partnerships||1||Jun 17th, 2009 02:19 PM|
|Homeowner's Insurance Cancellation||Unregistered||Insurance Issues||0||Mar 11th, 2008 11:13 AM|
|Billing on non cancellation||Lexi||Consumer Complaints||3||Jul 28th, 2007 11:27 AM|
Our lawyers can help you avoid foreclosure to salvage your home, buy time to pay mortgage debts, and resolve your financial troubles. Consult Your Own Personal Lawyer Now!
All times are GMT -5. The time now is 04:32 PM.