Legal Question in Landlord & Tenant Law in California
Apartment lease question
Since we have signed our lease our apartment prices came down. When I called the leasing office and asked if we will get the new reduced price if we sign another lease, the lady told me no it would be the same amount it was when we signed our first lease. Is this allowed or would they have to give us the price they are advertising when we sign a new lease?
Asked on 12/27/08, 1:50 pm
1 Answer from Attorneys
JOHN GUERRINI
THE GUERRINI LAW FIRM - COLLECTION LAWYERS
Re: Apartment lease question
You entered into a contract with your Landlord for a certain rate. The Landlord is not obligated to reduce the rate, even if market conditions have changed since the contract was created.
Answered on 12/27/08, 4:34 pm