I have just obtained the copy of original contract which was then from APX Alarm. Vivint is their new name. It was made for 5 years and signed on May 24, 2007. In small print of the copy I have. Nothing is there r: if we move or resell house. On the front of the agreement is written under
Term for Services states: "The original term of this agreement starts on the day this agreement is signed and continues for sixty (60)months, and will automatically continue from year to year thereafter unless cancelled by either of us in writing no later than thirty(30) days before the end of the original term or any renewal term."
A letter was mailed to us ll/7/2012 confirming in writing the details of our phone conversation with a Vivent rep. that Vivint would not increase monthly fees and would extend the term of Agreement 42 months. beginning 11/7/2012, and monthly services fee will remain the same. All other terms, provisions, covenents and conditions shall remain in force, except as expressly modified by our agreement set forth herein.
I have read on line I could possibly call them and speak with a supervisor and possibly get a reduced fee for buyout, but still don't see anything in contract unless it is just understood that I have to pay if I move. Nothing was signed by me. The extension was verbal.
Please help me understand this.