The Motley Fool Discussion Boards

Previous Page

Personal Finances / Credit Cards and Consumer Debt

URL:  http://boards.fool.com/interesting-situation-utilities-he-should-pay-31000879.aspx

Subject:  Re: Son leaving Apt. lease early Date:  12/1/2013  6:53 PM
Author:  SeattlePioneer Number:  307522 of 308782

Interesting situation.


Utilities:

He should pay utilities prorated to the day he moves out. Nothing more. If the remaining tenants don't want to pay for the cable TV ---let them shut it off.


What are the plans of the remaining two tenants? If they are going to continue the lease, they have a legal obligation to find another tenant to share the space with them.

I might negotiate a settlement with the co-tenants. Offer them, oh, $500 to settle all the remaining issues and disputes, including the utilities. They would then get to keep any additional rent payments they would get by renting out the space. I'd get a signed agreement to that effect signed by both co-tenants and make the $500 payment to the landlord to be sure that money is going toward rent and not into the pockets of the co-tenants.

In short --- negotiate an agreement and settlement of these issues with the co-tenants and/or landlord as needed.

Frankly, your son sounds like he is a lousy at bargaining.


Seattle Pioneer
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us