Change rent payment
If a tenant is struggling to pay rent, they may ask the landlord for a rent concession. This is when the tenant and landlord agree to lower the amount of rent temporarily. It can be done for various reasons, like if the tenant lost their job or is going through financial troubles.
Relevant Contract Types
🏠 Rent concession letter
A rent concession letter covers the law with regards to the agreement between a tenant and landlord. The letter outlines the terms of the concession, including the amount of rent that will be reduced and the length of time the concession will be in effect. The letter also explains the tenant's rights and obligations during the concession period.
Relevant Contract Types
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