Can my landlord lower the rent in the units by $225 two weeks after I have moved in?

Question

I moved in July 1st of 2008, my rent is currently $1425 monthly. Two weeks after I have moved in, the landlord is now offering rent at $1200 monthly, calling it a "special". Is this legal and is there anything I could do?

Answer 1

WOW!  What a deal huh?  No there is NOTHING you can do, other than ASK if he will lower your rent.  If he says no, you are on the hook for the complete term of your lease for whatever you signed up for.  If he does agree to a reduction (ANY REDUCTION) count yourself lucky, get it in writing and be happy.  If he doesn't, try not to dwell on it, after all, you were happy enough to have signed for the amount originally.  Just like seeing those shoes you paid $200 for go on the 50% off rack!  It kinda sucks don't it?!

Answer 2

Nope. There is nothing you can do, and Yes, its legal.  He is running a special to try to get more tenants.  If you signed a lease, you are bound to price of the rent.  If you are month to month, you could talk to the landlord, however he is under no obligation to reduce your rent.

Answer 3

It's totally legal.  You signed a lease so you're stuck.  That's awful.

Answer 4

Yes its legal and no theirs nothing you can do. The same was the store puts a TV on sale 2 weeks after you just bought it.

Answer 5

As the others are answering, you're pretty much stuck. Specifically, you and the landlord signed an agreement--a contract--in which you agree to pay a certain amount of money (your rent) and he agrees to provide certain services (your apartment).

He can raise or lower the rents pretty much as he wants. In fact, turn it around: If he'd RAISED the rents by $225 two weeks after you'd moved in, you wouldn't be wondering if it were legal. Of course it'd be. And it's the same with dropping the price.

You can always talk to him and ask him to lower your rent. But you don't really have too much you're negotiating with.

Answer 6

Of coufrse it's legal - he owns the place and can set the rents.  And no, there isn't anything you can fo - you signed an agreement to pay what you are paying

Answer 7

Yes it is legal and there is nothing you can do if you signed a lease.

Answer 8

your landlord can raise the rent and lower it as they see fit. The only way they can't do that is if you have some kind of assistance from the state to help pay for your rent. If you pay market rent then there isn't much you can do about it if you like the place you live in and want to stay there. I wouldn't complain about my rent being cheaper, if anything they go up not down. He can still keep the deposit you gave, but that will continue to gain interest as it sits in the landowners account and you get more back when you move out. What I would do is ask him for the difference back if the rent is lower now then it was 2 weeks ago seeing as to how we are still in the same month. If you still need more info on what's legal you should call your states atty generals office and speak to him about the matter and weigh your options. Good luck.