Maine Agreement for Payment of Unpaid Rent

State:
Maine
Control #:
ME-851LT
Format:
Word; 
Rich Text
Instant download

Description

This Agreement for Payment of Unpaid Rent is an agreement between a landlord and tenant. An Agreement for Payment of Unpaid Rent provides for the structuring and deadlines for a tenant's payment of overdue rent in return for landlord agreeing not to have tenant evicted. This form meets all state law specifications.

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FAQ

There are 2 types of rental contracts in India, one being a lease agreement that lasts for a minimum of 12 months. This is governed under Rent Control Laws put up by the State government. The other type is a lease and license agreement of up to 11 months which doesn't fall under the Rent Control Laws.

Guaranteed Rent also known as Rent to Rent is where an individual or company takes an interest in a property for a period of time from a landlord and guarantees to pay a fixed rent to the landlord. The landlord gives consent to the third party, 'the Renter', to then rent the property to other tenants.

1) Stay calm and respectful. While dealing with these cases can be extremely stressful, it's important to approach the situation as calmly as possible. 2) Have an in-person meeting with your tenant. 3) Act quickly. 4) Keep proper documentation. 5) Do not accept partial payments if you plan to evict.

Anyone who has had experience of evictions and tenants who've run into arrears will know how damaging it can be to the finances. If you are prepared to wait and are not reliant on that property's income to pay the mortgage, then perhaps guaranteed rent insurance is worth it for peace of mind.

If you are having problems paying the rent contact your local Housing NSW. They may be able to help you. You can also seek help from a financial counsellor to plan a budget to manage your financial situation.

Include the date at the top of the letter. Acknowledge that you you are behind in paying your rent and apologize for your actions. Explain the situation that has led to your current financial hardship. Stick to the facts, and resist the urge to write emotional appeals or project a negative attitude.

Under normal circumstances, when tenants don't pay rent, landlords have the option of terminating the tenancy (by serving the tenant with either a pay rent or quit notice or an unconditional quit notice, depending on the applicable laws).

Kindly accept my sincere apologies for paying the rent late by Date/Period. I understand that the rent was supposed to be paid on Date. Due to unforeseen circumstances, I was unable to pay the rent on time. Because we share a good relationship from the beginning, I hope you allow me the extension this time.

Set Up Rental Payment Reminders The most polite way to ask for payment is to ask before anyone is late! When you send a reminder a few days before the rent is due, you can be very polite. Sending a reminder about an upcoming payment rather than a request for a late payment is always going to be a more welcome message.

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Maine Agreement for Payment of Unpaid Rent