Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Daniel L.
  • Elkins Park, PA
1
Votes |
10
Posts

Is a written agreement necessary for a rent reduction for issue?

Daniel L.
  • Elkins Park, PA
Posted

Hello everyone,

My rental had an issue where the heater was having issues and numerous techs couldn't fix it and ultimately the furnace had to be replaced. In the meantime the tenant wants a rent reduction for the time they were inconvenienced and we agreed on the amount. 

I have read from other forums that it might be best to get them to sign an agreement for the amount reduced for the issue. 

Is that necessary and what type of agreement exactly would there be to sign. Just wanted to see some thoughts. 

Thank you

Loading replies...