Q:

How do I construct a sample letter for rent reduction?

A:

To construct a sample letter for rent reduction, create a document using your own circumstances or fictionalized circumstances that would warrant a rent decrease. Include an analysis of the current market, a detailed explanation of the situation and a suggested dollar amount for the rent decrease.

  1. Introduce your topic

    In the first sentence of the sample letter, explain that you are writing about a specific rental agreement. Include the tenants' names and the address of the property.

  2. Include market data

    Write about the current state of the rental market in your area. Cite statistics from local newspapers regarding decreasing rental rates or increased property availability. Include copies of the articles or links to your sources to boost credibility.

  3. Explain the situation

    Talk about the current state of the building, making sure to mention any units that have been vacant for a while. If you know that other occupants are paying less for a similar unit, mention this in the letter along with their specific rental rate. Include details about your history of paying on time, your excellent reputation for keeping up the unit or other factors that highlight your suitability as a tenant.

  4. Make a specific request

    Outline your specific rental reduction request. Make it clear to the reader that you believe that a reduction is in the best interests of you and the property management company. Close the letter politely and request a quick response.

Learn More
Sources:

Related Questions

  • Q:

    What is a sample letter to remove personal property?

    A:

    A letter to remove personal property alerts an individual of a complete list of property left behind. The letter must also include a deadline to retrieve the items, any fees associated with storage and notice that the items will be disposed of on a specific date.

    Full Answer >
    Filed Under:
  • Q:

    What are low-cost housing projects?

    A:

    Low-cost housing projects provide decent and safe dwellings to eligible low-income families, the disabled and the elderly. Low-cost housing projects come in many sizes and types from single-family condominium units to high-rise apartments. There are roughly 1.2 million families living in low-cost housing projects. Each unit is managed by housing agencies of the responsible local government.

    Full Answer >
    Filed Under:
  • Q:

    How can you buy rental property?

    A:

    To buy rental property, create a professional team, do market research, sort out your finances, and get pre-approved by a lender. Write an offer, and inspect the building before closing. Finally, complete the loan application process, and make the payment for the property.

    Full Answer >
    Filed Under:
  • Q:

    How can I find out how much houses have sold for on my street?

    A:

    Information on previous sales of existing properties is typically found in public records available from the county where the property is located. Websites such as Zillow provide quick access to home sales data on a specific street without having to check each property individually on the county records. Typing in the address of one home on a street brings up a map with clickable information on nearby properties.

    Full Answer >
    Filed Under:

Explore