Consideration and promissory estoppel help?!Watch
More specifically, it refers to a landlord who states that they would reduce the monthly rent until the tenants were, 'in a better financial position'. Later on, landlord then states he would be increasing the rent to the original amount despite the tenants still being in financial trouble.
Would the tenants be required to pay more as there is no consideration here and its just a gratuitous promise or would promissory estoppel come into play here? or, is there executory future consideration from the tenants?
My head is about to explode!!!