I put down a deposit to rent a home and changed our minds before moving in. Do I get it back?
Saturday, August 6th, 2011 at
7:58 pm
We put down the deposit with intention to buy the home during the 3 month lease. After finding out we couldn’t get financing, we decided not to rent a home that was on the market. Nothing was signed and we had the impression that the money was toward the deposit, not to hold the home from being leased. The agency says that we made a verbal agreement and they are keeping the money. Is this legal?
Real Estate Professionals
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Tagged with: Money • Moving • rent • Verbal Agreement
Filed under: property rent back
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The verbal agreement but it does sound like you may have to get your monies back.
When you had placed the money down on the home it had taken the home off the market. They can use the money until they find a new tenant. Then they must return the difference. They can not keep it all. And they must market the home. Best of luck
U zou wat moeten krijgen als niet achter allen. en er zou een geschreven, ondertekend contract, niet alleen een mondelinge overeenkomst moeten geweest zijn
Any judge will see that your deposit was an intention of renting, thus forcing the landlord to take it off the market. While the landlord will have to try to mitigate his damages, you will probably not see much, if any, of your deposit back. Next time get everything in writing.