



Explain how a landlord might offer a rent concession for a tenant willing to help with community building activities or events.
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what is rent concession Informational
- What are some potential downsides for a landlord in offering too many or too generous rent concessions? How can a tenant leverage amenities in a building to negotiate a lower rent or other concessions?
- What are some factors that might make a tenant more likely to renew a lease if they received rent concessions during their initial term? How do rent concessions impact the competitiveness of a rental property in the market?
- Describe how a landlord might offer a rent concession forgoing a rent increase at renewal time.
- Explain how a landlord could offer a rent concession in exchange for the tenant performing certain services (e.g., light maintenance).
- Describe how a landlord might offer a rent concession in the form of covering the cost of professional carpet cleaning upon move-out.
- Describe how a gift card or other incentive can serve as a rent concession.
- types of rent concessions
- Describe how a landlord might offer a rent concession in the form of covering certain utility setup fees.
- What is a security deposit waiver and how does it act as a concession?
- What are some best practices for landlords in documenting the reasons for offering specific rent concessions? How can a tenant leverage the availability of parking or storage to negotiate rent concessions?
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