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It addresses COVID-19 pandemic rent deferral options for qualifying residents, clarifies that deferred rent remains owed, and restricts late fee assessment through a stated executive order timeframe. The agreement sets repayment structures via either a payment plan with monthly installments or a balloon payment by a specified deadline, while confirming Tenant compliance, limiting Landlord remedies, and prohibiting retaliation for taking deferral.",{"@graph":63,"@context":122},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/model-repayment-agreement-for-tenants-and-landlords-rent-deferral-options/282706/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/model-repayment-agreement-for-tenants-and-landlords-rent-deferral-options/282706.png","ImageObject",442,249,{"name":88,"@type":89},"Blitz","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-11-05","2026-09-16",true,{"@type":98,"interactionType":99,"userInteractionCount":8},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114,118],{"name":105,"@type":106,"acceptedAnswer":107},"What does the agreement cover for tenants and landlords?","Question",{"text":108,"@type":109},"It establishes rent deferral options for qualifying tenants and sets how deferred rent will be repaid. It also defines compliance acknowledgments and limits certain landlord remedies during the specified timeframe.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"Are deferred rent payments still owed?",{"text":113,"@type":109},"Yes. The agreement states that rent for the deferred months is still owed, even though payment may be delayed under the deferral terms.",{"name":115,"@type":106,"acceptedAnswer":116},"What repayment options are available under the deferred payment plan?",{"text":117,"@type":109},"Two options are provided: a payment plan with monthly installments (Option I) or a balloon payment due by a specified date (Option II).",{"name":119,"@type":106,"acceptedAnswer":120},"Does the landlord assess late fees or take eviction for the deferred period?",{"text":121,"@type":109},"The agreement acknowledges that late fees and eviction actions are not part of the landlord remedies for non-payment of deferred amounts during the timeframe identified in Section 1. 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Rent Deferral. Landlord and Tenant agree to a [full or partial] deferral of the payment of rent for the months of March, April and May 2020 [add additional months or strike through any months that have already been paid] as stated in this Agreement. It is acknowledged and agreed that rent for these months is still owed. Landlord acknowledges that, under Executive Order D 2020 051, it is not legally entitled to assess late fees through May 30, 2020 (or longer, if the Executive Order is extended) and will not do so. The intent of this Agreement is to provide temporary assistance to Tenant due to the direct economic impact of the COVID- 19 virus. In the event the Pandemic and its effects for Tenant continue into the month of June 2020, Tenant may apply for additional deferral and modification of this Agreement. Nothing herein shall require the Landlord to allow for continued deferral of rent.  \n2. Acknowledgment of Compliance. Tenant affirms the following as of the date of this Agreement:  \na. Tenant is current with all payment obligations under the terms of the Rental Agreement pre-dating March 1, 2020.  \nb. Tenant is not currently in substantial violation of the Rental Agreement and rules and regulations.  \n3. Acknowledgement of Limitations of Remedies and Prohibition on Retaliation.  \nLandlord acknowledges that its remedies for the non-payment of any amount deferred under this Agreement do not include an eviction action or the assessment of late fees or charges in relation to non-payment for the timeframe identified in Section 1 above. All monthly payments made by Tenant shall be applied first to the rent owed for the current month and the remainder, if any, shall be applied to the deferred amounts identified in this Agreement. Landlord’s remedies, as provided in the Rental Agreement, are not otherwise limited by this Agreement. Landlord agrees that it will not retaliate against Tenant in any way because of Tenant’s rent deferral.  \n4. Rental Agreement. The terms of the Rental Agreement shall remain in effect except as specifically amended by this Agreement. Tenant agrees to make best efforts to abide by all such terms and conditions.  \nDeferred Payment Plan  \nThe following rent deferral option is hereby agreed to and acknowledged by Tenant and Landlord (Select one option):  \nOPTION I – PAYMENT PLAN:  \nTenant agrees to pay March, April and May 2020 [add additional months or strike through any month for which rent has been paid] rent in the amount of $  in   monthly installments of $  Each installment shall be due the   day of each month with the final installment of $  plus any additional unpaid rent and fees due on    \nTenant understands that in addition to the payment schedule above, Tenant shall also pay any non-deferred due and owing rental obligations pursuant to the terms of the Rental Agreement.  \nOPTION II – BALLOON PAYMENT:  \nTenant agrees to pay rent for the months of March, April, and May 2020 [add additional months or strike through any month for which rent has been paid] in the amount of $  on or before  , 2021 by  p. m.  \n\n| Tenant Signature |\n| --- |\n| Tenant Printed Name |\n| Landlord Signature |\n\nLandlord Printed Nam","cbCaipkBzmDcd8ko","https://ap.wps.com/l/cbCaipkBzmDcd8ko","pdf",13404,"English","# Rent Deferral Options\n## Rent Deferral\n## Acknowledgment of Compliance\n## Acknowledgment of Limitations and Prohibition on Retaliation\n## Deferred Payment Plan\n## Signatures","[{\"question\":\"What does the agreement cover for tenants and landlords?\",\"answer\":\"It establishes rent deferral options for qualifying tenants and sets how deferred rent will be repaid. It also defines compliance acknowledgments and limits certain landlord remedies during the specified timeframe.\"},{\"question\":\"Are deferred rent payments still owed?\",\"answer\":\"Yes. The agreement states that rent for the deferred months is still owed, even though payment may be delayed under the deferral terms.\"},{\"question\":\"What repayment options are available under the deferred payment plan?\",\"answer\":\"Two options are provided: a payment plan with monthly installments (Option I) or a balloon payment due by a specified date (Option II).\"},{\"question\":\"Does the landlord assess late fees or take eviction for the deferred period?\",\"answer\":\"The agreement acknowledges that late fees and eviction actions are not part of the landlord remedies for non-payment of deferred amounts during the timeframe identified in Section 1. It also prohibits retaliation against the tenant for taking the rent deferral.\"}]","Model Repayment Agreement For Tenants and Landlords - Rent Deferral Options | PDF",1789580560]