Legal Q&A: Does tenant have 72 hours to rescind lease?
Question: A new tenant signed a six-month lease. Now, he claims he feels unsafe because of an incident at the property and wants to terminate the lease. The tenant claims he has a 72-hour period to rescind the lease after it is executed. Is this true?
Answer: There is no 72-hour right of rescission for residential leases.
Question: One of my two tenants on the lease moved out due to a job transfer. The remaining tenant would like to stay and pay the entire amount. Do I need to write up a new lease or simply prepare an addendum stating the remaining tenant is solely responsible?
Recent Legal Q&A posts:
- Legal Q&A: Tenant won’t allow prospective buyer into unit
- Legal Q&A: Tenant died with three months left on lease
- Legal Q&A: Does selling a property terminate existing leases?
- Legal Q&A: Can tenant legally break lease for job change?
- Legal Q&A: Tenant may have falsified application
- Legal Q&A: Tenant ‘races’ car in parking area
- Legal Q&A: Tenant won’t pay rent until he gets 3-day notice
- Legal Q&A: Tenant wouldn’t accept 30-day notice
- Legal Q&A: Dog constantly barking, scaring residents
- Legal Q&A: Evicted tenant keeps returning, causing problems