And the sooner you ask the better.
Sample letter for rent reduction due to covid-19. Dear Landlord Im writing to ask you for a 50 rent reduction 75 rent reduction 100 rent reduction for April. An example letter of how to negotiate a rent reduction with your landlord. Use this sample rent reduction letter to ask your landlord to reduce your rent.
Usually one must inform their landlord about a decision to renew their lease 30 to 60 days prior to its end. Its important to me to be a good and responsible tenant. Developed by Zona Salons in Massachusetts this letter informed their clients and community about their closure due to the COVID-19 Crisis.
Remember you are not legally obligated to share the reason youre asking for a lower rent but if you think it will help your landlord understand your situation better feel free to include it. April 20 2020. We are trying to stay healthy and prevent others from getting sick during this public health crisis.
Letter Template to Notify Landlord of Tenants Inability to Pay Rent Due to Financial Impacts of COVID-19 Overview The Director of Emergency Services issued a Fourth Supplemental Order Resolution No. Retailers have called upon all shopping malls and shophouse owners to give tenants a six month rental rebate from 30 to 50 per cent from this month onwards due to the Covid-19 outbreak. I love living here but lately finances have been difficult and a slight reduction in rent would go a long way in helping.
If you own a business and are finding it difficult to meet your rental payments due to COVID-19 you may be able to request a rent reduction from your landlord. In fact rent usually takes up about 30 percent of your salary but in some cases it is even more. If youve found yourself facing hard.
In accordance with the. In the example provided the tenant with a loss of income of 350 per week asks for a 250 weekly rent reduction for two months. Rent is a universal expense almost everyone pays either rent or a mortgage.