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when does a lease/contract begin (NM)

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Junior Member
What is the name of your state? New Mexico

I was planning on moving to las cruces, new mexico from Utah. I visited last month, found an apartment, gave a deposit ($700) and about ten days ago signed/faxed the lease. Since then my situation has changed and I no longer need to move.

When does a lease actually begin? I understood that in taking possesion of the property that officially began a lease. Am I mistaken? The rental company claims I am obligated by the terms despite the fact that I have not yet taken possesion. I am willing to pay some of the deposit for breaking the agreement but seven months of rent is not possible. Any recourse?

(sorry for the posts in multiple groups. Several could hold the answer and I want to reach as many potential answers as possible.)
 



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