What is a concession addendum: Fill out & sign online

Here's how it works

01. Edit your what is a concession addendum online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send concession addendum meaning via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out rent concession addendum with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the rent concession addendum in the editor.
Fill in the date of the original Lease Agreement at the top of the form. This establishes the context for your concession.
Enter the names of both the Landlord and Tenant(s) in the designated fields. Ensure accuracy as this identifies all parties involved.
In the section detailing concessions, specify each month and year along with the corresponding base rent amount. Be precise to avoid any misunderstandings.
If there are additional terms or conditions, use the 'OTHER' section to clarify any specific agreements not covered in previous fields.
Ensure all parties review and understand their obligations under this addendum before signing. Each Tenant must sign and date where indicated.

Start using our platform today to easily complete your rent concession addendum online for free!

See more rent concession addendum versions

We've got more versions of the rent concession addendum form. Select the right rent concession addendum version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2009	4.9 Satisfied (50 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Contact us

What is one of the reasons landlords offer rent concessions?

Landlords can attract and retain tenants by offering concessions such as a month of free rent or reduced lease rates. This ensures stable occupancy rates and minimizes turnover costs. For property managers, rent concessions play a crucial role in tenant retention and maintaining demand for rental properties. What Are the Main Reasons Landlords Offer Concessions? Rentana glossary what-are-the-primary Rentana glossary what-are-the-primary

Under what conditions are rent concessions typically offered?

The best time to offer rental concessions is when the market slows or your property is underperforming. This could be during the off-season (like winter), after tenant turnover, or when competing properties are offering incentives of their own.

What is the difference between a lease and a concession agreement?

First, a concession agreement gives limited rights to use the property for any specified use, whereas a lease agreement creates an interest in the property to the lessor. Model Concession Agreement? - DIYguru DIYguru term what-is-model-concession-a DIYguru term what-is-model-concession-a

What are the pros and cons of rent concessions?

When used thoughtfully, concessions can accelerate lease-up and attract high-quality tenantsbut they also come with risks that can impact your propertys financial performance. Navigating rent concessions requires more than market knowledgeit calls for a strategic approach tailored to your property and goals.

What is the meaning of rent concession?

A rent concession is a reduced rent offer provided by a landlord to a tenant. This can be a one-off incentive or for a longer period. It can also include waiving fees, a rent holiday, rent deferral or switching from quarterly to monthly rental payments. Understanding Rent Concessions - RSW Law RSW Law understanding-rent-concessions RSW Law understanding-rent-concessions

concession addendum form

Rent concession addendum template Rent concession addendum sample Rent concession addendum example Rent concession addendum reddit Rent concession addendum form Rent concession addendum letter Rent concession example Rent concession addendum california

How does a rent concession work?

Key takeaways. A rental concession is an agreement to reduce the price of rent or fees as an incentive for residents to sign or renew leases. Examples of rent concessions include a free month of rent, prorated rent, reduced security deposits, and free amenities. What Is a Rent Concession When Should You Offer One? ButterflyMX blog rent-concession ButterflyMX blog rent-concession

What is a rent concession agreement?

Key takeaways. A rental concession is an agreement to reduce the price of rent or fees as an incentive for residents to sign or renew leases. Examples of rent concessions include a free month of rent, prorated rent, reduced security deposits, and free amenities.

Rent concession addendum 2025