Rent Arrears Letter to Commercial Tenant
This Rent Arrears Letter to Commercial Tenant can be used when the tenant has failed to pay its rent. The letter warns the tenant that interest may be charged if payment is not made by a certain date. The letter can be used as a follow-up to the Reminder to Pay Rent on Time Letter or as a first letter depending on how the landlord wishes to manage the landlord / tenant relationship.
The landlord should keep a copy of the letter on the tenant’s file. This will be particularly important if the tenant persistently fails to pay, or is persistently late in paying, its rent as the landlord will need to enter into further correspondence and may need to take legal action against the tenant.
Optional phrases / clauses are enclosed in square brackets. These should be read carefully and selected so as to be compatible with one another. Unused options should be removed from the document.
This Rent Arrears Letter to Commercial Tenant is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.
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