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-   -   Lowering rent for new tenants (https://www.askmehelpdesk.com/showthread.php?t=109750)

  • Jul 13, 2007, 08:13 PM
    xmeetmenmontauk
    Lowering rent for new tenants
    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! :(
  • Jul 14, 2007, 03:47 AM
    XenoSapien
    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
  • Jul 14, 2007, 06:24 AM
    excon
    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
  • Jul 14, 2007, 06:26 AM
    XenoSapien
    Yep. Sometimes we get a good deal, and most of the time we don't. :)

    XenoSapien
  • Jul 14, 2007, 06:34 AM
    ScottGem
    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.

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