Balance of Power Lesson # 2

Video Summary:

In adhesion contracts there is an imbalance of power. The courts do not perceive the tenant and owner as equal. Owners have deep pockets, hire professional managers, write the leases and courts don’t like the imbalance of power that presents.

Consumer protection laws have been established to help protect tenants from this imbalance of power. These laws are designed to protect the vulnerable, prevent abuses by the powerful and put limits on the greed of the wealthy.