Friday, July 16, 2010

Are apartment complexes allowed to charge tenants different rental rate for the exact same apartment?

Please Help!!!!


My fiance' went to pay his rent. He picked up a brochure with all the floor plans his apartment complex had to offer, and discovered he has been charged 45.00 over market rent for the last two years. We went to discuss this with the manager. Although she agreed it wasn't fair she told us there was nothing she could do. The reasoning she gave, was the property has changed management companies several times and that is why the rent has fluexuated. I asked her ';if a person came in off the street and rented the exact same apartment would they be given an apartment for 757.00 a month ( this is not a special, this is market rent).She answered ';yes'; My fiance's rent is 802.00 a month. This hardly seems fair to him, who has been a resident for 12 years and never late with his rent.


Please respond.


Feeling MistreatedAre apartment complexes allowed to charge tenants different rental rate for the exact same apartment?
The owner/landlord is under no obligation to rent his units at the same price. There is nothing illegal about this and it's fairly common. You fiance has the option of negotiating a lower rate when his lease is up.Are apartment complexes allowed to charge tenants different rental rate for the exact same apartment?
There is no legal obligation to rent all identical units at the same rate. (I do it all the time). However, given your fiance's situation, I would certainly think that management would give credence to his next lease agreement, given that he has been a quality tenant for over ten years.





He HAS a legitimate gripe, and management should address it, if management has a functioning brain. If they refuse to address it, they stand to lose a long standing reliable tenant over a few dollars.
I think the question you should ask yourself is this:





If he were being UNDERcharged, would y'all still feel the same level of anguish over taking money that might not belong to you? Didn't think so.





Apartments are allowed to be rented out for whatever someone is willing to pay for them. Therein lies the heart of a supply and demand driven capitalist economy.





He might be paying a higher rent due to credit issues for all you know, and the complex is capitalizing on the weakness in his credit report.
It is all in the supply and demand. Demand was higher when he originally signed the lease and so the price was higher. Rental prices have gone down over the last few years due partly to the failing housing market.





Also, if you sign the renewal lease without checking on what the going rates for the apartments are then that is your responsibility, not the apartment complexes. If you had seen that the going rate was different and talked with your complex about it before signing the renewal lease then you could have possibly gotten your rent lowered.
I would go talk to the manager about it.





Whenever the lease renewal came up, he should have been allowed to renew at market rent.

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