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Old 12-09-2008, 01:48 PM
 
5 posts, read 8,056 times
Reputation: 10

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Hello everybody, I have a quick question that maybe someone could help me with. I live at an aparment near University fo South Florida. They have three leasing options:
July-Dec: $450
Jan-April $?
July-July $399

I signed up for the July-Dec because I thought I was going to an offshore medical school. Now I want to increase my lease until July because I have now decided on staying.

My question here is, is there any law stating that the money I had paid towards the lease I had signed up originally will get applied to the new lease since I paid an extra $50/month, or I am basically in a loss for the extra money and will now pay the $399/month.

Please help, the leasing office is telling me no, that money is not applied to the new lease, cause I signed the shorter term lease.

Thanks everyone...
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Old 12-09-2008, 06:54 PM
 
13,773 posts, read 33,828,405 times
Reputation: 10553
Just to make sure I understand..

Your lease is now up and you want to extend it? Be extending it, you are thinking you should get the price stated for a 'year' rather than 6 mos.
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Old 12-10-2008, 12:58 PM
 
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Default That is correct

Yes, thats what I was wondering about.

Quote:
Originally Posted by Keeper View Post
Just to make sure I understand..

Your lease is now up and you want to extend it? Be extending it, you are thinking you should get the price stated for a 'year' rather than 6 mos.
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Old 12-10-2008, 01:04 PM
 
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Default Also...

Well, to clear it up, yes I took a six month lease out for 449/month. I now signed a new lease at $399, which is the price/month for the year lease. I was wondering if the extra $50 I paid per month for the previous 6 month lease should get applied to the new lease I signed or it does not matter. My logic is that I am going to stay there a year, which should be $399/month. The difference is that I signed two 6 month leases, one being at $449 per month 07/08-12/08 and the other being 01/09-07/09.
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Old 12-10-2008, 02:09 PM
 
25,784 posts, read 38,999,165 times
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Probable not. I have had a similar thing in the past. I signed a 7 months lease and extended it to a year. I still didn't get the cheaper monthly rent which was for the 1 year lease...it makes sense and to be honest as a Landlord my self (which I wasn't back than), I would do the same.
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Old 12-10-2008, 07:34 PM
 
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What is the name of the apartment complex you live at? I want to check it out possible to move in. Thanks.
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Old 12-11-2008, 06:58 AM
 
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Default The Pointe at South Florida

The name of the complex is The Pointe at South Florida; $399/month is a 4/4 apartment. Everything is included(internet, cable, utilities, power)...
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Old 12-11-2008, 07:15 AM
 
13,773 posts, read 33,828,405 times
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I am no legal expert but from my own experience.. they don't have to give you the money back since you signed a lease agreeing to that amt. Now.. that is not to say you can't ask the manager not the staff but the manager since s/he would be the only one who could change it.

Honestly, while it would be the 'nice' thing to do, it probably isn't going to happen. Sounds like you got a good deal compared to other places I have seen.
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Old 12-11-2008, 08:43 AM
 
5 posts, read 8,056 times
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Default Thank you all

Just wanted to thank everyone for there response I should be appreciative that they gave me the second lease for the $399 and not the same amount. I was just curious and wanted to get information. Thanks again everyone
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Old 12-11-2008, 11:38 AM
 
Location: Tampa, FL
27,798 posts, read 26,107,165 times
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Doesn't seem like a good deal for the apartment complexes to convert 6-month leases into longer leases. They get nothing out of the deal. That's the whole purpose of the lease - to get a commitment from a renter to stay. It is hard for them to turnover apartments (cleaning, painting, advertising, etc).
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