In a rent deferment plan, is it better to spread a missed payment out over a few months or just require the missed payment at the end of the lease term?

April 6, 2020

This is definitely a business decision that should be made for each individual business, but it may be a good idea for most landlords to spread it out over a month or two. Many residents will be eligible for stimulus checks under the CARES Act, increased unemployment benefits under the CARES Act, or other subsidies, grants or charities under these unique circumstances. As many of these benefits will be received over the next several weeks, a housing provider should also expect to be made whole as quickly as possible while still providing leniency as the circumstance may require.

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