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Updated about 4 years ago on . Most recent reply

Tenant asking for temporary rent decrease
Hey BP. Here’s the situation. One of my tenants has been only working part time because of this pandemic. For the past 2 months she’s been allowed to split up rent payments with no late fees. I offered to allow her to pay half rent for June & July and then starting in August her full rent payment would be due plus $100 until she repaid the remaining rent she owed.
However, she told me she found out she won’t be working full time again at her job until August 1 and has asked for a reduced rent starting in August of $100 less per month and no late fees. And said once she gets her tax returns next year, will pay back the remaining rent she owes.
I could use some advice. She’s a decent tenant that takes care of the property. I want to continue to help her through this pandemic But, not sure about those terms.