What is the name of your state? MD
I had put my house for rent and did my own advertising (not listed through MLS). I had several people interested in the house and ready to move in on the first of July. I ended up renting it to the most qualified person, the only problem with her was that she could not move in until the 15th of the month. We decided to lose 2 weeks of rent and wait for her. About 10 days after we signed the contract she had called us and changed her mind. She wanted out of the contract due to safety issues in the neighborhood. When she signed the contract, She had left us 2 checks, one for a security deposit and one for the first months rent (from 15th to the 31st of July).
We decided to refund her security deposit but keep first months rent (about 2 weeks worth of rent) since we waited for her 2 weeks. Is this legal? According to my research, i can keep all the money. Once a contract is signed, u can not back out. but she claims that because the house was not officially listed and there is no termination clause in the contract, we can not keep any of the money.
Any suggestions?
I had put my house for rent and did my own advertising (not listed through MLS). I had several people interested in the house and ready to move in on the first of July. I ended up renting it to the most qualified person, the only problem with her was that she could not move in until the 15th of the month. We decided to lose 2 weeks of rent and wait for her. About 10 days after we signed the contract she had called us and changed her mind. She wanted out of the contract due to safety issues in the neighborhood. When she signed the contract, She had left us 2 checks, one for a security deposit and one for the first months rent (from 15th to the 31st of July).
We decided to refund her security deposit but keep first months rent (about 2 weeks worth of rent) since we waited for her 2 weeks. Is this legal? According to my research, i can keep all the money. Once a contract is signed, u can not back out. but she claims that because the house was not officially listed and there is no termination clause in the contract, we can not keep any of the money.
Any suggestions?