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Author: apacherose Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 311074  
Subject: Son leaving Apt. lease early Date: 12/1/2013 11:57 AM
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Due to spending his earned income, savings, Roth IRA & maxing out 4 credit cards with debt, my son is moving back home to Start-Over. I confess it was disheartening to learn that he had tapped into his savings & Roth IRA.

My son was one of 3 tenants who signed a year's lease that will end in April 2014. So he is leaving on unpleasant terms. His 2 co-tenants feel that he should pay 1/3 of rent/electric bill/cable combo. My son & I feel that he is only responsible for 1/3 of the basic rent...since he will not be living there to benefit from cable OR to contribute to electrical usage.

A bad scenario that I wish had never occurred, but it did. I suspect that his 2 co-tenants(girlfriend & boyfriend couple) took advantage of his friendship, since his share of the $654 rent was $420?? No calculations to explain this $420 was provided by co-tenants, nor did he request any.

Tomorrow, my son will be stopping by the rental office to obtain a copy of the lease agreement & to inquire of their suggestions/policy, etc. In the meantime, your suggestions/input regarding lease solutions & where-to-begin with his paying-off credit card debts would be gratefully appreciated.

Apache Mom
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