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The Late Rent Payment Agreement is essential when tenants fall behind on their rental payments but both parties wish to maintain the tenancy relationship through a structured payment solution. This document is commonly used in the Netherlands across both residential and commercial rental situations, providing a legally compliant framework under Dutch law for managing rent arrears. It typically includes detailed payment schedules, interest calculations according to Dutch statutory rates, and specific default provisions. The agreement should be used when there is a clear acknowledgment of debt and willingness to establish a payment plan, rather than proceeding with immediate eviction or legal action. The document needs to comply with Dutch Civil Code requirements, particularly Books 6 and 7, and consider relevant consumer protection legislation when dealing with residential tenants.
