Explain how a credit for repairs or maintenance can act as a rent concession.
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what is rent concession Informational
- Explain how reduced amenity fees can be considered a rent concession.
- What are some ways a tenant can follow up professionally after requesting a rent concession? How do rent concessions affect the average rental rates reported in a given area?
- Explain how a landlord might offer a rent concession for a tenant willing to pay their rent entirely online or through a specific method.
- Describe how a landlord might offer a rent concession in the form of a discount on future rent increases if the tenant renews their lease.
- Describe how a landlord might offer a rent concession as an apology for inconvenience (e.g., during renovations).
- How can a landlord offer a rent concession without lowering the base rent?
- Explain how offering professional cleaning services can be a rent concession.
- How can a tenant document the need for a rent concession (e.g., due to hardship)? How do rent concessions impact property valuation?
- What is a rent abatement and how does it function as a concession?
- How can a tenant determine if a rent concession offer is fair? What role do rent concessions play in the rental market?
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