| reply to jjeffeory
Re: Whats next? But most contacts outline some sort of penalty against the party breaking the contract. The etf is exactly that.
Should we also ban landlords from charging a lease break fee? What about if you want to turn your leased car in early?
Without some sort of penalty for breaking them, contracts are useless.
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PaulTTU
join:2009-02-12
Cookeville, TN | said by Camelot One:Without some sort of penalty for breaking them, contracts are useless. The landlord's contract also provides rights to the renter, ex the renter has the right to occupy premises, the landlord can't randomly break the lease, can't break the lease without notice, and the landlord must pay for repairs, etc. A lot of these things are in law too.
These cell contracts don't have any service guarantees or terms that benefit the consumer. They usually include language like the carrier can terminate the contract at any time, arbitration clauses, a list of things that isn't our fault, etc. Sprint's service contract is 7500 words. I bet there's not a single one that benefits the consumer. |
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Mr Matt
join:2008-01-29
Eustis, FL
kudos:1 Reviews:
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| reply to Camelot One
 Here is how government regulation helped me. In 1970 I signed a lease for an apartment, in an area and at a time where finding housing was difficult. Much like the wireless companies with limited competition the landlord was able to insert two clauses in the lease that were outrageous but had to accept or sleep in my car. The first, the tenant would be responsible for the cost to repair all appliances in the apartment for the duration of the lease. The second was that each tenant was responsible to pay for a portion of any increase in property tax for the building that occurred during that year. In other words if the property tax increase for that year was $50,000.00 and there were 100 Apartments the portion each tenant would be responsible to pay the landlord for was $500.00.
Here is how government regulation helped me. As part of an effort to curb the rapid inflation that was occurring in 1971, the Nixon administration passed several laws and policies that were designed to stabilize prices including freezing wage and price increases. As part of the price stabilization effort, a federal law was passed that prohibited landlords from passing on property tax increases to tenants.
In mid 1972 I was offered a better job in South Florida and moved. My lease was about to expire so the landlord agreed to accept my security deposit as liquidated damages. A couple of months later I received an invoice for about $450.00 from the landlord for the tax increase that occurred the prior year. I sent a letter to the landlord advising him that he could not enforce the clause related to tax increases because of the new regulation. He responded by threatening to turn the matter over to a collection agency. As part of the price stabilization program the government created forms and set up an agency to process complaints against violators of the new regulations. I filled out the form and send in copies of my correspondence with the landlord. I received a letter from the price stabilization agency to ignore the landlord's demands.
The best part about the whole process was that I heard from a tenant in that building, that the landlord was required to refund all fees passed on to tenants from the date that the law went into effect. All of the tenants received a fat refund check from the landlord. It is to bad that our current government does not pass laws protecting consumers from greedy corporations. |
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| reply to Camelot One
said by Camelot One:But most contacts outline some sort of penalty against the party breaking the contract. The etf is exactly that. Should we also ban landlords from charging a lease break fee? What about if you want to turn your leased car in early? Without some sort of penalty for breaking them, contracts are useless. Except that the contracts are not equal since the penalty is one sided.
If the company decides not to honor it's contract, they simply do not, and you have no recourse except to go to THEM and ask for your money back.
If we fail on our end of the bargain, we are faced with eviction notices, severe penalties to our credit reports, legal threats.
If the company fails? They just lose a customer (If it is actually something the customer can go without, often, like housing, it is not). The customer just has to take it. |
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