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CPI Option

Bizzybee719 Posted:

CPI Option

Hi All,

I'm new to this site (been engaged about 2 months) and im amazed at how supportive and helpful you all are. I need some help. I recently booked my place (ahh!!) and date and we got the contract in the mail. I'm getting married at the Tappan Hill Mansion in Tarrytown (if anyones been to a wedding there and has any comments, please share!).

on our contract there is something called a CPI Option and basically says that they will increase the quoted prices by the percentage change in the latest puplished NY and Northeastern NJ regional consumer price index. I just want to know if anyone else has experienced this. Does this mean they can and will raise the price?!?!?!

Help!!

Heather
coldasice217 Posted:

Re: CPI Option

I've never heard of that before, but it definitely sounds like what you're assuming: they can and will change the price on you. That's a little shady sounding to me, I mean, what's the point of a written contract if they won't honor the price?

Good luck with everything, I hope it works out in your favor!
shell1879 Posted:

Re: CPI Option

that is crazy and doesn't sound legal to me

i would talk to someone about that it doesm't sound right
digio809 Posted:

Re: CPI Option

congrats and welcome! I would def. give them a call to clarify what that means! Sounds sketchy!

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