On this website, I do not always get to give good news, and I am afraid that this is one of these times.
There is a belief that both parties have to sign the agreement
for it to be binding. This is true in many situations, but not all. According to the Uniform Commercial Code
, adopted in 19 large part in 1962, a contract
only needs to be signed by the party to be charged
to be binding.
Since you signed it, and you are the party to be charged, it is binding
However, the way that a landlord forces performance by you is twofold:
1) Threatening to keep the deposit, and
2) Possibly pursuing you for breaching the contract.
They have no deposit, so this is not effective. They can threaten to sue you in small claims
court for breach of the lease, but this costs about $100 to file and months to be heard in court. Even then, if you do not pay, it is fairly time-consuming to attempt to force judgment payment, and there are no guarantees.
As such, the likelihood of them pursuing you is small, although they still have that ability because technically, you became bound to the contract once you signed it - as explained above - even if they did not.
What someone in your situation may wish to do is to send a letter to the landlord backing out of the lease. With luck, the landlord would simply drop the matter. Let me know if you need such an example of a letter.
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