As a ex-tenant, I believe the best action is deferment like the bank loans. Or turn it into interest free loans. Defer for a few months, maybe 3 months. After three months, maybe pay back 50% more rent each month until no more debt.

Work out a plan with your tenant. Find out whether they are still working at home with reduced income or no income at all. Make a black and white whether its deferment or convert to loan or both.

Business is business. Leniency and help can be given, but if the tenant is bad business for no reason, kick them out.

I won't comment on them not paying before this. But this is a hard time for everyone, maybe defer the rent for these period, but not making it free or gives discount.


It's up to you how much you want them to pay. Maybe 50% is too much for them. Say 10% over the next ten month will be easy on them. Also tell them no smoking or drinking alcohol for them.

You will be like a bank in this situation, you don't want the borrower to default, declare bankruptcy and lose all your money. You will want them to continue paying and recover all your money even it takes a longer time.

I'm not a landlord though. It's just a personal view.