Quote:
Originally Posted by O-cha
Doesn't make it legal. With no lease in place they can fuck your house up and not have to be obligated to pay a dime. And no matter how much of a security deposit you get, they can do ten fold that in damage.
Additionally if the city or IRS found out you would be up shit creek.
Likelihood? Not too large. Risk? Huge.
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I know where you're coming from.
But then I guess all those who rent near CSUN should tear up the place and not care?
As I know many students who are sharing a room in a house around the school and they have only paid 1 months rent up front as a SD and they didn't sign a lease.
Not saying it's legal or "ok"
Personally, I do as many transactions as possible through cash so I don't need to make a record of it. To each his own.