C.A.R. Releases Two New Forms for Owners of Rental Properties
C.A.R. has released two new forms related to the COVID-19 pandemic. The first form is a Notice to Tenant of Ability to Pay Rent During Coronavirus Pandemic (Form NTAP); the second is Coronavirus Rent Payment Delay and Repayment (Form RPD).
Form NTAP is an informational notice that a landlord can send to a tenant for the purpose of starting a dialogue with the tenant regarding the payment of rent during the coronavirus pandemic.
Form RPD is an addendum to a residential lease or rental agreement that, when agreed to and signed by the landlord and tenant, documents the tenant’s claim that the tenant is unable to pay rent and the reason for the inability; proof of the inability to pay; the amount of the rent not being paid; and a plan to pay it in the future.
Both forms are available now and will be in zipForm® later this week.