Set up a payment plan in writing for tenants in need.
Whether it’s required in your jurisdiction or not, you may need to work out a payment plan for tenants that have lost income due to coronavirus. The key is to have a strong agreement in writing that you can enforce should you need to in the future.
What’s Included in the Form:
- Multiple payment plan options
- List of acceptable proof/documentation
- Clearly laid out payment terms
- Amends your current lease
- Signature for tenants and landlord
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– Claire B.