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 Hi do u give discount to your tenant?

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Captain89
post Mar 26 2020, 12:30 AM

Jiken
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QUOTE(gsem984 @ Mar 25 2020, 11:03 AM)
An answer from my friend. Do u think it makes sense?
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I stand for this too
Captain89
post Mar 26 2020, 12:35 AM

Jiken
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Senior Member
3,190 posts

Joined: Dec 2017

QUOTE(BeastB @ Mar 25 2020, 12:37 PM)
A lot of tenants (commercial and residential) are going to be calling owners/landlords and asking for discounts/deferments/etc because they know the owners don't have to pay the monthly loan for next 6 months.

Lots of fights and arguments in the next 6 months for sure. Courts will be busy later this year.
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Already happened since the first day of lockdown. Calls one after another. Lawyers will be laughing
Captain89
post Mar 30 2020, 06:56 PM

Jiken
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Senior Member
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Joined: Dec 2017

QUOTE(mingshi0166 @ Mar 30 2020, 06:19 PM)
Deduct from deposit 1st lar
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This a no no.... I learn my lesson. Put it this way, now you cut from deposit, what if tenant delay another month in future and you know he can't pay rent. Who loss?
Captain89
post Mar 30 2020, 07:00 PM

Jiken
*******
Senior Member
3,190 posts

Joined: Dec 2017

QUOTE(posmaster @ Mar 30 2020, 09:12 AM)
As long as the Tenant is occupying or using the property, there will be wear and tear on the property and other risk along on the property.......

The rental is to cover for the wear and tear of the property and all associated risk on the property by the Tenant.

As such, Tenant should pay landlord on time as per Tenancy Agreement.
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Can use their deposit money for renovation if there's any wear and tear cause by previous tenant

 

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