Did you pay the whole deposit or just your half, and did that person pay his or her deposit as well? Usually upon signing a lease and making the deposit, you are obligated under the terms of the lease for the term of the lease. If one tenant does not pay the rent or backs out, then the other is usually on the hook for the entire rent, unless you have separate agreements with the landlord. Sometimes, a creative solution can work. Maybe you can contact the landlord and see if he or she will let you out of the lease, especially if you can't afford it, or perhaps you can negotiate a reduced rent for yourself to stay there, if that is feasible. Another option you may have is to pay to the rent until the landlord finds someone else, and then get your deposit back. Definitely check with an attorney who has handled these matters. Best of luck!
Anjali Gupta Stevenson
This information is not intended to be legal advice and does not create an attorney-client privilege or relationship between Anjali Gupta Stevenson Law Office, LLC and the reader. This information is for general purposes.