Do we need a lease?
December 11, 2012 12:39 PM Subscribe
Landlord doesn't require a lease or a security deposit. Should I be concerned?
We found a new apartment. The landlord lives in another unit in the building. He has apparently been doing this for 25+ years and is consequently very laid-back. He does month-to-month rentals with no security deposit. Great for us, but I'm also concerned that we could end up getting screwed somewhere down the line.
What are the possible repercussions of going into this without a formal lease? The landlord said we could find a lease on the internet and sign that if we want. Good idea, or unnecessary? My partner thinks I'm worrying about this too much.