Payment before signature or vice versa?
I'm concluding a sublet agreement as a tenant with a subtenant (sublessee). The subtenant has signed the agreement but he says that he wants me first to sign on the other side and then he will send me an Email Money Transfer. What happens if I sign and he does not send me the transfer? Could there be some legal complications in this case? Is it better not to sign before receiving the payment or am I just overthinking the matter?
What if he decides to send the payment much later, closer to the commencement date of the sublet? I need this payment to be received now so that I can be assured that there is no necessity to look for other subtenants.
Thank you.
What if he decides to send the payment much later, closer to the commencement date of the sublet? I need this payment to be received now so that I can be assured that there is no necessity to look for other subtenants.
Thank you.