Is there a 3-day right of rescission to terminate a lease that has been signed?

Question Details:

Are there any ways out of the lease due to a sudden change of occupation? The apartment will not be ready until the 02/12; we have not even received a signed copy of the lease yet. Also, no deposit has been payed. My friend has claimed he will pay any fees associated with backing out of the lease, but I'm not convinced that's even an option. I'm also concerned with how this will affect my credit. I know that the right of rescission applies to many goods and services, but I'm not sure on rental properties and do not want to make a fool of myself.

Answered 7 years ago| Contributor
IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you go to and retain an attorney to represent you.