The Case Of Left Holding The Lease

The Case of…Left Holding the LeaseThe problem is not only a legal and financial one, but there are other social and personal considerations that should be taken into account in solving the problem. For starters, it is evident that the two-bedroom apartment that these two ladies decided to rent was quite expensive. By the end of the day, only Erica was able to afford to pay for the rent. This tells us that it is possible that Karen came from a less wealthy background compared to Erica. Karen also chose to live with her parents and this may mean that her parents could not afford to pay for a rental house. The problem is solely Erica’s because she was the only one who signed the lease, thus would be held accountable in fulfilling the terms of the lease. According to the law and by signing it, Erica indicated that she would not have to worry about Karen’s ability to pay part of the rent or other expenses. Karen was out of the picture and it was solely Erica’s problem.Some of the alternatives that Erica has for dealing with the situation include assessing the reasons why Karen can