Kentucky Agreement for Payment of Unpaid Rent

State:
Kentucky
Control #:
KY-851LT
Format:
Word; 
Rich Text
Instant download

Description

This Agreement for Payment of Unpaid Rent is an agreement between a landlord and tenant. An Agreement for Payment of Unpaid Rent provides for the structuring and deadlines for a tenant's payment of overdue rent in return for landlord agreeing not to have tenant evicted. This form meets all state law specifications.

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FAQ

Set Up Rental Payment Reminders The most polite way to ask for payment is to ask before anyone is late! When you send a reminder a few days before the rent is due, you can be very polite. Sending a reminder about an upcoming payment rather than a request for a late payment is always going to be a more welcome message.

Know the Law and Document the Landlord-Tenant Relationship. Before Filing a Lawsuit, Negotiate with the Tenant. Give the Tenant a Formal Eviction Notice. File an Eviction Complaint with the Court. Get Ready for the Eviction Hearing. Evict the Tenant.

Include the date at the top of the letter. Acknowledge that you you are behind in paying your rent and apologize for your actions. Explain the situation that has led to your current financial hardship. Stick to the facts, and resist the urge to write emotional appeals or project a negative attitude.

The rental property address, including unit number (if applicable) The names of all tenants on the lease agreement. The date the notice was issued. The balance due. Any late fees or pending late fees for failing to pay within the time frame specified in the lease.

When your tenant still can't pay... Let them leave, if they simply can't pay it may be your best option. Simply let them break their contract (if you're still within the fixed term period) and leave your property. Then you can get a new tenant in and not waste any more time.

Step 1: Check Your Lease Documents and Payment Records. Step 2: Send a Late Rent Notice. Step 3: Make a Phone Call. Step 4: Send a Pay or Quit Notice. Step 5: Take Legal Action.

Set Up Rental Payment Reminders The most polite way to ask for payment is to ask before anyone is late! When you send a reminder a few days before the rent is due, you can be very polite. Sending a reminder about an upcoming payment rather than a request for a late payment is always going to be a more welcome message.

The rental property address, including unit number (if applicable) The names of all tenants on the lease agreement. The date the notice was issued. The balance due. Any late fees or pending late fees for failing to pay within the time frame specified in the lease.

Kindly accept my sincere apologies for paying the rent late by Date/Period. I understand that the rent was supposed to be paid on Date. Due to unforeseen circumstances, I was unable to pay the rent on time. Because we share a good relationship from the beginning, I hope you allow me the extension this time.

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Kentucky Agreement for Payment of Unpaid Rent