Temporary Rent Discount Agreement

Rent Waiver Agreement

_______________________ (hereafter "Landlord") and _______________________ (hereafter "Tenant"), hereby agree to the following:

Due to unforeseen and unusual circumstances of {circumstances}, the Landlord is providing a discount of {percentage} off of rent for the property at {address}. The Tenant will be charged {amount} per month for the month(s) of {Month(s)} and until the circumstances have changed.

The discount on rent is limited to the duration of these special circumstances. Once the circumstances have changed, the Tenant will receive the discounted rent price for an additional {amount of time}. After that time, the rent will return to the price agreed in the lease signed on {date}.

If the Tenant is not drawing any income due to these unforeseen and unusual circumstances, {he/she} may postpone rental payments until {amount of time} after the circumstances cease to be an impediment. At that time, {he/she} will be required to pay the discounted rate for the postponed months' rent in installments of {amount} over {amount of time}, starting at {rough time period}.

In witness to their agreement to the terms of this contract, the parties affix their signatures below:

_____________________________________
(Landlord signature and date)

_____________________________________
(Tenant signature and date)

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