citygirl
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- Jan 2, 2007
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I'm aware of what the legal currency is here but if you have signed a contract agreeing to pay the amount in X currency, that contract does have force behind it. Yes, you as the tenant could go to the judicial system but that's not a very realistic option.
As I said, many/most landlords are more than willing to accept the rent at that day's conversion rate but it is the tenants responsibility to ensure they receive the FULL AMOUNT due to them if the landlord has to convert it.
If my rent is 1000 dollars, and I give my landlord 3995 pesos and then s/he has to convert that to buy dollars, s/he would wind up with about 998 dollars. Not a big difference but a difference nonetheless.
As I said, many/most landlords are more than willing to accept the rent at that day's conversion rate but it is the tenants responsibility to ensure they receive the FULL AMOUNT due to them if the landlord has to convert it.
If my rent is 1000 dollars, and I give my landlord 3995 pesos and then s/he has to convert that to buy dollars, s/he would wind up with about 998 dollars. Not a big difference but a difference nonetheless.