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Hello, my friend and I got approved for an apartment on June 10th with a move-in date of July 7th. Since the apartment is still occupied, we had to pay a $250.00 holding fee to keep it off the market. It was paid online when we submitted our application. A welcome letter was emailed to us the next day with a move-in statement, which listed what we had paid so far and what the payment schedule would be during the duration of the lease (12 months). In the welcome letter, it stated that the lease was going to be sent over to us closer to the move-in date. Everything seems legitimate and the property manager seems to be very kind.
I have been feeling pretty anxious about it since everything hasn't been finalized yet. Is there a reason why the lease won't be available to sign until the moving date? Is it because it is still occupied? What are the chances that something will go wrong? I think the fact that the move-in date is weeks away is making me feel antsy. I am a first-time renter so any advice would be appreciated!
One possibility is that since it is occupied there is a chance the current renters won't move out (even if they say they are going to, things might change and they can't move out or can't move out when they expected to). If that were to happen, the lease would bind the landlord to provide you housing or let you out of the lease. This landlord may be on the paranoid side and decide not to sign a lease until the unit is actually available.
That's the only thing I can think of. If I were you, I'd want something finalized. I'd be too worried things would go wrong and I'd be left desperate.
Have you asked the landlord or property manager explicitly why you can't get this finalized so you know you have somewhere to live?
Yes I also agree with other answer.
I may have done the same . Very Rare but does not want to take a chance they reasonable for your damages if old tenant does not move.
Myself it would not make a difference. Since my lease has a clause in it to protect me. If unit does not become available. Think you will find this common no matter where you go.
The fact that you paid a fee does make a type of contract so I would not worry much.
Eh not a good situation. Most likely the people are still living there and can't leave for whatever reason. Hopefully things don't go wrong between now and then. What if next week those people decide not to move after all? Then you'll be left without a place to live! I don't like when things aren't official. Why not just ask the landlord?
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