I have a signed lease in front of me that states I can move in and rent his house for 6 months starting 2/1. It states I must pay the rent each month within 7 days of the first of the month. Today is 2/1, thus the rent is due 2/7. He now has an offer to sell his house and wants to rescind the contract. I'm out for moving expenses ($750) and start a new job 2/3 and have no place to sleep tonight, nor no place to move to at all. I think he should reimburse me and pay the difference between my new place (if I can find one) and the $900/month I agreed to pay him (per the lease)...Or I can just move in (I have the keys) and see what happens. He says because no $ has been exchanged, the lease can be rescinded but the lease says I have 7 days to pay the first mobnths rent???
Answer
You have a lease. The sale is subject to the lease. I would move in, especially if I have insurance and a good security system.
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