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Renting?
Hi!!
I'm 16 but still in year 11 and I desperately want to move out. I have a job with a regular income (not huge but it's enough) and quite a bit of money saved up. Me and two of my friends want to move out and rent a house somewhere, but we don't know if anyone will rent to us!! Even though we're over 16, we're still in school and you can't get a full-time 'proper' job until you've finished year 11, so does anyone know if you can rent houses - and if you can, if anyone is willing to rent them to you! - before you finish year 11? Or will we have to wait until July, when the school year ends, despite our age?
Thanks loads!
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you can't legally move out [ or sign on somewhere else to live ] until you're eighteen unless your legally emancipated, which is not easy to do, because you generally need a valid [ to the courts ] reason & have to be able to prove that you can support yourself. SO you're going to have to wait until you're eighteen unless you can get emancipated.
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You have to get legally emancipated in order tomove out and support yourself, or else the landlord could get in a helluva whole lot of trouble renting to minors. I know how it feels wanting to move out, but you're 16 and you can't work full-time, you're not going to bring in alot of money anyways, not even between the both of you,it would be hard to live off of that. Even if you do have money saved up, you have to plan everything out, but no matter what, you're still a minor. I don't know how the laws work out where you are, but...You have to wait until you're 18. MAybe you guys could just spend the night at each others houses, or move in with a friend, thats what I'm doing, but if you're doing this to show how responsible you can be, try other methods of showing your responsibility. Save up for a car, but until then, either emanicpate yourself, or sit tight until you're 18.
MAd Love,
Victoria
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Most people won't rent to you at 16 because of the signing. By law if you sign a contract and want to get out of it you can if you are under 18 for sure but you can even be older. So if they rent to you and you decide to get out you can because your signature is not worth all that much. I don't remember all the laws for this I would ask my brother because he’s talking a course on this stuff but he’s not home from college. So I recommend you look into the legal part of this. You will most likely need a cosigner. The laws and such vary per state. Plus moving out at 16 sounds like a good idea but you will end up needing your parents anyway. Nothing in this world is cheap these days and once the bills start coming you will think twice make sure you calculate what the income is and what you will be spending don't forget about (water,gas,electrogicty,food,drinks...etc) and you will also want money to just go shopping and have stuff to put into your house.
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Your main problem is that renting a house involves signing contracts. Since you're not 18, you can't sign a legally binding contract.
If one of your friends is at least 18, then you should be OK. If not, then one of your parents will have to "co-sign" it with you, which will leave your parents responsible for the rent if you choose not to pay it.
BooDog
Abilene, TX
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I dunt think they will, but maybe i'm wrong. But it's stupid moving out. Wait until you have a depenible income becasue rentin a house is mad expensive. Even if you share with your friends! So stay with your parents until you finish your good ole schooling!
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