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Updated over 4 years ago,

User Stats

13
Posts
5
Votes
Jim Klapmust
  • Investor
  • Charlottesville, VA
5
Votes |
13
Posts

Payment plan post lease end date

Jim Klapmust
  • Investor
  • Charlottesville, VA
Posted

My tenant was shaky on rent leading up to the coronavirus, and the subsequent shut down made the situation worse.  He's been my tenant for 5 years with good payment history, so I'm willing to work with him, and in earnest he asked about a payment plan to catch me back up that extends beyond the lease end date (June 30th).  He is moving out when the lease ends.

What contract/agreement should I use to setup a payment plan that starts now but extends beyond the lease end date?  I've read much about payment plans, but they all seem to be within the context of a ongoing lease.

TIA for your help!

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