Should my friend risk a verbal lease in Chicago in an owner occupied 3-flat?
July 20, 2012 1:35 PM Subscribe
My friend is moving from out of state, and she had us go look at an apartment for her. We didn't like it very much, but the neighborhood is not bad and we walked around the block looking for 'for rent' signs. While out walking, we saw a mailman, so went up to ask him if he knew of any good places to rent. He immediately told us about this couple in a flat who have a floor to rent by word of mouth. He said they are nice people and have been living there for a long time. The mailman introduced us, and we checked the place out and recommended it to our friend. The friend called and the owners don't do written leases. While she'd really likes the sound of the place, she's uncomfortable about living in a place with a verbal lease and is worried she could lose her deposit (they want one month's rent). Is this normal? Do people often ask for verbal leases? Should she run away?