TOP-LEGAL | Rent Concession Side Letter for Commercial Landlord Template

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A Rent Concession Side Letter is a written agreement from the commercial landlord granting the tenant a temporary reduction, deferral, or waiver of rent under specific conditions. It is typically used to provide short-term relief without permanently altering the main lease terms.

Do you have any Question?

Yes, if properly executed, a Rent Concession Side Letter is legally binding and enforceable, even though it exists outside the main lease agreement.

No, the concession is usually temporary and does not amend the underlying lease unless explicitly stated; once the concession period ends, the original lease terms resume.

Area Of Law :

Property Law

Sector :

Corporate & Business Law

Category :

Private Law

Region :

Europe