Unlike the good old days, property managers are
now being faced with having to lower the rent to retain their
tenants. Sometimes this is done on a renewal lease, and other
times the tenant wants it right now, in the middle of the lease.
How you deal with such a request can mean the difference between
a successful, written rent adjustment agreement or a verbal “he
said, she said” mess.
to see how to properly modify a rent amount.
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