TEMPLATE RENT ARREARS WAIVER LETTER – FULL WAIVER1
[Insert Tenancy Address]
Tenancy between [Insert Landlord Name(s)] and [Insert Tenant Name(s)] (the “Tenancy”)
[Monthly/Weekly] rent of €[•] (the “Rent”)
[I/We] refer to our recent discussions regarding your Tenancy at [Insert Tenancy Address].
As you know, the current rent for your tenancy is €[Insert Total Rent] which is payable [weekly/monthly] by [insert payment method].
You have failed to pay rent in accordance with your obligations under the Residential Tenancies Act 2004 (as amended). As of today, [Insert Date], you owe rent arrears of €[Insert Total Rent Arrears] (“Rent Arrears”).
[I/We] confirm that, subject to your agreement to this offer, and your continued compliance with the other terms of your Tenancy and the terms of this letter, the Landlord(s) will waive any right or entitlement to the Rent Arrears.
The arrangement contained in this letter is strictly subject to the following provisions2:
That you shall continue to pay the Rent in full, with the next payment falling due on [Insert Date];
That it is personal to you, as the Tenant(s) under the Tenancy;
Except to the extent required by law, the Tenant(s) shall not divulge or communicate to any person (other than its professional advisers) any of the terms or content of this letter; and
In all other respects the Tenancy is confirmed. In particular, [my/our] waiver of the Rent Arrears shall not prejudice [my/our] rights and remedies under the Tenancy.
Please signify your acceptance of the foregoing by signing one part of this side letter and returning it to [me/us]. Unless and until that is done, this letter has no effect and you remain liable to pay the Total Rent Arrears in full in accordance with the requirements of your Tenancy.
Yours faithfully
___________________________
[Insert Landlord Name(s)]
Landlord(s)
[I/We] hereby confirm our agreement to the terms of the within letter.
___________________________
[Insert Tenant Name(s)]
Tenant(s)
Dated the day of 20[20]
1 Please note: this template document should be used for guidance purpose only and it is your responsibility to ensure compliance with the Act – the document does not constitute binding legal advice and is not a legal document. The RTB accepts no liability for any action taken in reliance on the information in the template documents or responsibility for inaccuracies, errors, or omissions.
Where there are multiple tenants in the rent dwelling, there should not be multiple agreements entered into regarding the rent arrears. This agreement is in respect of the one tenancy, and you should only enter into one agreement regarding the rent arrears in these circumstances.
2 Include/Delete as appropriate.
( FROM MAH ON HEADED PAPER ) TEMPLATE FOR
(ABSTRACT TEMPLATE) FULL SCALE APPLICATION OF IN SITU AEROBIC
(AUTHOR PLEASE AMEND THIS TEMPLATE AS INDICATED BY RED
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