Montgomery Maryland Letter from Landlord to Tenant as Notice that rent was voluntarily lowered in exchange for tenant agreeing to make repairs normally required of landlord

State:
Maryland
County:
Montgomery
Control #:
MD-1014LT
Format:
Word; 
Rich Text
Instant download

Description

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. A Montgomery Maryland Letter from Landlord to Tenant as Notice of Voluntarily Lowered Rent in Exchange for Tenant Repair Agreement Subject: Notice of Rent Reduction in Accordance with Repairs Agreement Dear [Tenant's Name], We hope this letter finds you in good health and high spirits. We are writing to inform you of an exciting opportunity that has arisen for both parties involved in the landlord-tenant relationship — an agreement to lower the rent in exchange for the tenant's assistance in making certain repairs that are typically the landlord's responsibility. This mutually beneficial arrangement will not only enhance the living experience for you but also allow us to allocate our resources more efficiently. We understand that maintaining a property is a shared responsibility, and we greatly appreciate your eagerness to collaborate with us. After carefully assessing the repair needs of the premises, we have determined that undertaking these repairs independently would require a considerable amount of time and resources. Therefore, we have decided to offer you a rent reduction equivalent to the estimated cost of the repairs, given that you agree to perform the necessary work. Outlined below are the details of the repairs required, along with their estimated costs: 1. Plumbing repairs in the bathroom ($300) 2. Electrical fixes in the kitchen ($200) 3. Painting and patching of common areas ($150) Total estimated repair costs: $650 To proceed with the proposed arrangement, we kindly request that you read this letter thoroughly and sign the attached Repair Agreement Form which contains a detailed list of the repairs, estimated costs, and applicable dates. This agreement ensures that both parties commit to their respective responsibilities, protecting the interests of both tenant and landlord. Upon receipt of the signed Repair Agreement Form, we will deduct the equivalent cost of repairs, $650, from your next month's rent payment. Please note that any modifications or amendments to this agreement must be made in writing and mutually agreed upon by both parties. We would like to emphasize that this voluntary rent reduction is solely contingent upon your full compliance with the Repair Agreement Form. Failing to complete the repairs within the agreed-upon timeframe or deviating from the scope of work outlined in the agreement may result in the nullification of the rent reduction and a return to the original rental terms. We are confident that this collaborative effort will significantly enhance the quality and value of the living space while fostering a stronger landlord-tenant relationship. If you have any questions or concerns regarding this agreement, please do not hesitate to reach out to us at [Landlord's Contact Information]. Thank you for your understanding and cooperation. We look forward to a successful completion of the agreed-upon repairs and the continued enjoyment of your tenancy. Sincerely, [Landlord's Name] [Landlord's Title] [Property Management Company (if applicable)] -------------------------------------------- [Attachment: Repair Agreement Form]

A Montgomery Maryland Letter from Landlord to Tenant as Notice of Voluntarily Lowered Rent in Exchange for Tenant Repair Agreement Subject: Notice of Rent Reduction in Accordance with Repairs Agreement Dear [Tenant's Name], We hope this letter finds you in good health and high spirits. We are writing to inform you of an exciting opportunity that has arisen for both parties involved in the landlord-tenant relationship — an agreement to lower the rent in exchange for the tenant's assistance in making certain repairs that are typically the landlord's responsibility. This mutually beneficial arrangement will not only enhance the living experience for you but also allow us to allocate our resources more efficiently. We understand that maintaining a property is a shared responsibility, and we greatly appreciate your eagerness to collaborate with us. After carefully assessing the repair needs of the premises, we have determined that undertaking these repairs independently would require a considerable amount of time and resources. Therefore, we have decided to offer you a rent reduction equivalent to the estimated cost of the repairs, given that you agree to perform the necessary work. Outlined below are the details of the repairs required, along with their estimated costs: 1. Plumbing repairs in the bathroom ($300) 2. Electrical fixes in the kitchen ($200) 3. Painting and patching of common areas ($150) Total estimated repair costs: $650 To proceed with the proposed arrangement, we kindly request that you read this letter thoroughly and sign the attached Repair Agreement Form which contains a detailed list of the repairs, estimated costs, and applicable dates. This agreement ensures that both parties commit to their respective responsibilities, protecting the interests of both tenant and landlord. Upon receipt of the signed Repair Agreement Form, we will deduct the equivalent cost of repairs, $650, from your next month's rent payment. Please note that any modifications or amendments to this agreement must be made in writing and mutually agreed upon by both parties. We would like to emphasize that this voluntary rent reduction is solely contingent upon your full compliance with the Repair Agreement Form. Failing to complete the repairs within the agreed-upon timeframe or deviating from the scope of work outlined in the agreement may result in the nullification of the rent reduction and a return to the original rental terms. We are confident that this collaborative effort will significantly enhance the quality and value of the living space while fostering a stronger landlord-tenant relationship. If you have any questions or concerns regarding this agreement, please do not hesitate to reach out to us at [Landlord's Contact Information]. Thank you for your understanding and cooperation. We look forward to a successful completion of the agreed-upon repairs and the continued enjoyment of your tenancy. Sincerely, [Landlord's Name] [Landlord's Title] [Property Management Company (if applicable)] -------------------------------------------- [Attachment: Repair Agreement Form]

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Montgomery Maryland Letter from Landlord to Tenant as Notice that rent was voluntarily lowered in exchange for tenant agreeing to make repairs normally required of landlord