Rent Abatement Lease Amendment Form

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A rent abatement lease amendment is a document that alters the terms of a lease to allow the tenant to not pay rent or pay a reduced rent for a set period. The amendment will name the landlord and tenant, reference the existing lease, and set out the duration and total amount of rent abatement. Both parties must sign to make the document legally binding.

Rent Abatement Lease Amendment Form

A rent abatement lease amendment is a document that alters the terms of a lease to allow the tenant to not pay rent or pay a reduced rent for a set period. The amendment will name the landlord and tenant, reference the existing lease, and set out the duration and total amount of rent abatement. Both parties must sign to make the document legally binding.

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Last updated May 2nd, 2024

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A rent abatement lease amendment is a document that alters the terms of a lease to allow the tenant to not pay rent or pay a reduced rent for a set period. The amendment will name the landlord and tenant, reference the existing lease, and set out the duration and total amount of rent abatement. Both parties must sign to make the document legally binding.

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When Rent Abatement is Granted

Landlords will generally forgive or reduce rent only under special circumstances or when legally required. Rent abatement may apply when:

  1. The premises is rendered uninhabitable due to fire, natural disaster, or mold.
  2. There is a significant issue that the landlord has failed to repair.
  3. The tenant is financially unable to make rent payments.
  4. A government quarantine or evacuation order is in place.

Sample

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RENT ABATEMENT LEASE AMENDMENT

1. THE PARTIES. This Rent Abatement Lease Amendment (“Amendment”) made this [DATE], is by and between:

Landlord: [LANDLORD’S NAME] (“Landlord”).

Tenant: [TENANT’S NAME] (“Tenant”).

The Landlord and Tenant are each referred to herein as a “Party” and, collectively, as the “Parties.”

2. EXISTING LEASE. The Parties agree to amend a lease signed by both the Landlord and Tenant on [ORIGINAL LEASE DATE], for the property located at [RENTAL PROPERTY ADDRESS] (“Existing Lease”).

3. RENT ABATEMENT. For the period beginning on [DATE], through and including [DATE], the Landlord shall abate the base Rent due under the Lease (the “Rent Abatement”). The total amount of Rent Abatement will be $[TOTAL RENT ABATEMENT].

The Rent Abatement is personal to the Tenant and shall not be transferred or otherwise assigned to any other party regardless of whether permitted under the Existing Lease.

All other portions of the terms and conditions of the Existing Lease shall remain in full force and effect.

4. EXECUTION. This Amendment may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

IN WITNESS WHEREOF, the Parties have executed this Amendment as of the date first written above.

Landlord’s Signature: ___________________ Date: ___________

Print Name: ___________________

Tenant’s Signature: ___________________ Date: ___________

Print Name: ___________________