The Partial Rent Payment Agreement is a specialized legal document used in the Netherlands when circumstances necessitate a modification to standard rent payment terms. This agreement becomes relevant when tenants face financial challenges or when parties mutually agree to alter the payment structure of an existing lease. It serves as an addendum to the main lease agreement, specifically addressing payment modifications while preserving other lease terms. The document must comply with Dutch rental law, particularly the provisions of the Dutch Civil Code regarding rental agreements and payment obligations. It's commonly used during economic hardship, temporary financial difficulties, or as part of a structured payment plan. The agreement includes specific details about payment amounts, schedules, duration of the arrangement, and conditions for reverting to original payment terms.
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1. Parties: Identification of the landlord and tenant, including full legal names, addresses, and registration numbers if applicable
2. Background: Context of the agreement, reference to the main lease agreement, and reasons for the partial payment arrangement
3. Definitions: Definitions of key terms used in the agreement, including 'Partial Payment', 'Payment Schedule', 'Original Rent', and 'Payment Period'
4. Original Rent Obligation: Statement of the original rent amount and payment terms under the main lease agreement
5. Partial Payment Terms: Detailed description of the revised payment arrangement, including amounts and frequency
6. Duration: Period for which the partial payment arrangement will be in effect
7. Payment Schedule: Specific dates and amounts for each partial payment
8. Default Provisions: Consequences of missing payments or breaching the agreement
9. Effect on Main Lease: Clarification that all other terms of the main lease remain unchanged
10. Notices: How and where formal communications between parties should be made
11. Governing Law: Confirmation that the agreement is governed by Dutch law
12. Signatures: Execution clause and signature blocks for all parties
1. Hardship Provisions: Additional provisions for cases of continued financial hardship, to be included when the tenant's financial situation is uncertain
2. Security Deposit Adjustment: Modifications to existing security deposit arrangements, if applicable
3. Mediation Clause: Procedure for resolving disputes through mediation before legal action, recommended for longer-term arrangements
4. Recovery Plan: Schedule for returning to full rent payments, to be included when the arrangement is temporary
5. Third-Party Guarantor: Terms involving a guarantor who ensures payment, when applicable
6. Reporting Requirements: Tenant obligations to provide periodic financial updates, useful for longer-term arrangements
1. Schedule A - Payment Calendar: Detailed calendar showing all payment dates and amounts for the duration of the arrangement
2. Schedule B - Financial Documentation: Supporting documents demonstrating the need for partial payments
3. Schedule C - Calculation Method: Explanation of how the partial payment amounts were calculated
4. Appendix 1 - Original Lease Reference: Copy or relevant excerpts of the original lease agreement
5. Appendix 2 - Communication Records: Documentation of discussions and agreements leading to this arrangement
6. Appendix 3 - Direct Debit Authorization: If applicable, authorization for automatic partial rent payments
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Leasing Manager
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Financial Controller
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Portfolio Manager
Housing Coordinator
Rent Administrator
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