I am currently on a 6 month term rental lease that is due to expire soon. The agent approached us about renewing the lease for 12 months, to which we agreed. The agent then sent us the lease forms to sign so we signed them and sent them back. These forms DO NOT include the signatures of the owners. We have not heard from the agent for a month but have just now received an email saying that the owners are no longer looking to rent out their property. We have great rental history, with rent paid in advance and no damage to property. Does signing and returning the lease to the agent and initial offer of the lease extension bind the owner to now accept the lease or are they excused from the contract since we do not have a copy of the lease with their signatures?
I wouldn't have cared so much and just moved on if they had not given us the indication that the lease would be renewed and they provided us sufficient time to find another property.
Not a laywer, but to me, no signature = no deal. Very annoying tho!!