Want to cancel reservation on privately-owned condo

[NoShow]

I sent a $100 deposit for a condo rental (in Myrtle Beach, SC) with a signed note that is was for a particular unit. I now want to cancel the reservation. (It is a week and a half before the rental date) The owner wanted a $1200 payment due a week before we arrived. I have not sent that money. Other than the $100 check and the note, I haven't signed anything. My question is-- Can I be legally responsible for the remainder of the money if I cancel and the unit is not re-rented? I reside in New York. Thank you for any replies!

 

[Tracey]

Yes, you can be held liable for the full $1200. What does your agreement say about cancellation? The more time you give the owner to find a replacement tenant, the more likely the condo will be rented to someone else. If O can re-rent, O isn't going to bother traveling to NY to sue you. Even if O can't re-rent, O probably still won't go to the bother of suing in NY.

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This is not legal advice and you are not my client. Double check everything with your own attorney and your state's laws.