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xmeetmenmontauk
Jul 13, 2007, 08:13 PM
I signed a lease in a college-oriented apartment complex with an agreement to pay $525 a month. Only a few weeks later they have advertised the apartments at $475 a month. I have not even moved in yet and people are living in the same apartment for $50 cheaper. Is this legal? I tried to reason with my landlord but she claims that unless I can prove it illegal, I have no choice but to pay extra. Please help! :(

XenoSapien
Jul 14, 2007, 03:47 AM
Sounds like you are bound to the lease you signed. You agreed to the $525 with your signature. I'd be surprised if a judge found in favor of you getting the reduced price.

XenoSapien

excon
Jul 14, 2007, 06:24 AM
Hello x:

Yeah, I hate it when I buy a computer and find out that the price dropped the day after I bought it. But, that's what happens in business. They didn't cheat you.

excon

XenoSapien
Jul 14, 2007, 06:26 AM
Yep. Sometimes we get a good deal, and most of the time we don't. :)

XenoSapien

ScottGem
Jul 14, 2007, 06:34 AM
The complex is right. You agreed to the rental. If they decided after leasing to you that they weren't getting enough takers at the higher rent, then they made a business decision. It happens.