When dorm opens, teen wants out of lease

How can student avoid losing deposit, paying penalty?

Inman News

Q: Several weeks ago my 18-year-old niece signed a one-year lease contract to room with several students at a privately owned rental condo and gave them the first month's rent and a portion of the security deposit. A few days later she changed her mind and doesn't actually want to move in because our local university informed her that a dorm facility right on campus was available.

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