Tara Tedrow Talks Options for Tenants during the Coronavirus Crisis
- March 31, 2020
- / Author Name
- / Media Coverage,Coronavirus COVID-19 Task Force,Commercial Leasing,Real Estate
In an article published by the Orlando Business Journal, Shareholder Tara Tedrow discussed the options available to tenants seeking rent relief during the COVID-19 pandemic, including loans available through the Florida Small Business Emergency Bridge Loan Program and the U.S. Small Business Administration. Tedrow commented that tenants should review their lease to determine whether any provisions apply to pandemics, as well as consider discussing alternative payment plans or rent reductions with their landlord.
"If you work out a beneficial modification to those rent payment terms, be sure to get any agreement in writing signed by the landlord," Tedrow said.
Read the article: Rent Burdened? This is the First Thing Tenants Should Do, Attorney Says (Subscription required)