COVID-19: rent concession letter | Practical Law

COVID-19: rent concession letter | Practical Law

A letter from a landlord to a tenant recording the landlord's agreement to suspend or reduce the rent (and on account payments of service charge) due under the lease. The letter is intended to record a temporary waiver; not to permanently vary the lease. It has been drafted with the 2019 novel coronavirus disease (COVID-19) pandemic in mind and so includes an optional waiver of any keep open covenant.

COVID-19: rent concession letter

Practical Law UK Standard Document w-024-8691 (Approx. 22 pages)

COVID-19: rent concession letter

Law stated as at 28 Aug 2020, England, Wales
A letter from a landlord to a tenant recording the landlord's agreement to suspend or reduce the rent (and on account payments of service charge) due under the lease. The letter is intended to record a temporary waiver; not to permanently vary the lease. It has been drafted with the 2019 novel coronavirus disease (COVID-19) pandemic in mind and so includes an optional waiver of any keep open covenant.