This form covers the subject matter described in the form's title for your State. This is a letter written from a Landlord to Tenant serving as notice that in exchange for Tenant making repairs or performing certain duties, Landlord will be voluntarily lowering the rent. Repairs are now the obligation of the Tenant.
Subject: Fort Collins Colorado Letter from Landlord to Tenant — Notice of Rent Reduction in Exchange for Repairs Dear [Tenant's Name], RE: Notice of Voluntary Rent Reduction and Repair Agreement We hope this letter finds you well. We appreciate your tenancy at [Property Address], and we would like to inform you of an agreement that has been made to benefit both parties involved. This agreement involves a voluntary rent reduction in exchange for you undertaking certain repair responsibilities normally required of the landlord. As of [Effective Date], we have decided to lower your monthly rent by [Rent Reduction Amount] on the condition that you undertake the repairs outlined below. By mutually accepting these terms, we aim to create a more convenient and functional living environment for you while ensuring the property remains in good condition. The repairs that you have agreed to undertake are as follows: 1. [Repair 1]: Please ensure that the [specific repair/issue] is addressed. This repair typically falls under the landlord's responsibility, but you have kindly agreed to handle it as part of this agreement. 2. [Repair 2]: We kindly request that you address the [specific repair/issue] within the given timeframe. This repair is ordinarily the landlord's duty, but you have graciously accepted the responsibility in this case. Additional repairs, if any: 3. [Repair 3]: [Provide a brief description of the repair/issue] which you have voluntarily agreed to rectify. We acknowledge that these repairs fall within the landlord's obligations, and we appreciate your willingness to undertake them. The completion of the repairs should adhere to any applicable local regulations and industry standards. Please make sure to use qualified professionals or perform the repairs yourself with utmost care and attention to safety. This agreement is intended to last for a specific duration, commencing on [Effective Date] and concluding on [End Date]. Should either party wish to amend or terminate this agreement, a written notice of at least [Notice Period] days must be provided. The rent reduction specified in this agreement shall remain valid as long as the repairs mentioned above are completed within the agreed time frames and presented for inspection. Failure to adhere to this agreement may result in the rent reduction being revoked, and the rent amount will revert to its original rate. We trust that this agreement will result in a more satisfactory living experience for you, while also ensuring the property remains in good condition. We appreciate your cooperation in maintaining the property and fulfilling the repairs agreed upon. Should you have any questions or require clarification about this agreement, please do not hesitate to contact us at [Landlord's Phone Number] or [Landlord's Email]. Thank you for your attention and cooperation. We look forward to a mutually beneficial relationship moving forward. Sincerely, [Your Name] [Your Title/Position] [Property Management Company/Owner Name] Alternative letter titles: 1. Fort Collins Colorado Letter from Landlord to Tenant — Agreement of Rent Reduction in Exchange for Tenant's Repairs 2. Fort Collins Colorado Letter from Landlord to Tenant — Notice of Voluntary Rent Adjustment and Repair Responsibility Agreement 3. Fort Collins Colorado Rent Reduction Agreement — Tenant Assumes RepaiResponsibilitieees.BS.Subject: Fort Collins Colorado Letter from Landlord to Tenant — Notice of Rent Reduction in Exchange for Repairs Dear [Tenant's Name], RE: Notice of Voluntary Rent Reduction and Repair Agreement We hope this letter finds you well. We appreciate your tenancy at [Property Address], and we would like to inform you of an agreement that has been made to benefit both parties involved. This agreement involves a voluntary rent reduction in exchange for you undertaking certain repair responsibilities normally required of the landlord. As of [Effective Date], we have decided to lower your monthly rent by [Rent Reduction Amount] on the condition that you undertake the repairs outlined below. By mutually accepting these terms, we aim to create a more convenient and functional living environment for you while ensuring the property remains in good condition. The repairs that you have agreed to undertake are as follows: 1. [Repair 1]: Please ensure that the [specific repair/issue] is addressed. This repair typically falls under the landlord's responsibility, but you have kindly agreed to handle it as part of this agreement. 2. [Repair 2]: We kindly request that you address the [specific repair/issue] within the given timeframe. This repair is ordinarily the landlord's duty, but you have graciously accepted the responsibility in this case. Additional repairs, if any: 3. [Repair 3]: [Provide a brief description of the repair/issue] which you have voluntarily agreed to rectify. We acknowledge that these repairs fall within the landlord's obligations, and we appreciate your willingness to undertake them. The completion of the repairs should adhere to any applicable local regulations and industry standards. Please make sure to use qualified professionals or perform the repairs yourself with utmost care and attention to safety. This agreement is intended to last for a specific duration, commencing on [Effective Date] and concluding on [End Date]. Should either party wish to amend or terminate this agreement, a written notice of at least [Notice Period] days must be provided. The rent reduction specified in this agreement shall remain valid as long as the repairs mentioned above are completed within the agreed time frames and presented for inspection. Failure to adhere to this agreement may result in the rent reduction being revoked, and the rent amount will revert to its original rate. We trust that this agreement will result in a more satisfactory living experience for you, while also ensuring the property remains in good condition. We appreciate your cooperation in maintaining the property and fulfilling the repairs agreed upon. Should you have any questions or require clarification about this agreement, please do not hesitate to contact us at [Landlord's Phone Number] or [Landlord's Email]. Thank you for your attention and cooperation. We look forward to a mutually beneficial relationship moving forward. Sincerely, [Your Name] [Your Title/Position] [Property Management Company/Owner Name] Alternative letter titles: 1. Fort Collins Colorado Letter from Landlord to Tenant — Agreement of Rent Reduction in Exchange for Tenant's Repairs 2. Fort Collins Colorado Letter from Landlord to Tenant — Notice of Voluntary Rent Adjustment and Repair Responsibility Agreement 3. Fort Collins Colorado Rent Reduction Agreement — Tenant Assumes RepaiResponsibilitieees.BS.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
