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It is likely inevitable that everyone will need a rent extension at one time or another. However, asking for this is problematic to many tenants because it can feel like the equivalent of borrowing money, which makes a lot of people uncomfortable. Still, asking for a rent extension can help to avoid those taxing late fees and a bad reputation. Here are some tips on how to ask for a rent extension.
Be Honest and Timely
When faced with asking for a rent extension, the best thing to do is to be honest at the immediate onset of the problem. You should never let the rent go past being 5 days late before you ask for a rent extension. While landlords have costs associated with renting their units, they are people as well and have likely been in a similar financial situation.
When you let the rent go on being late without notifying your landlord, it not only makes them less likely to grant it, it shows a lack of responsibility on your part. That is why it is best to be diligent and honest with your landlord if you need to ask for a rent extension.
Provide a Time Frame
Because many landlords are accepting of financial troubles, you don’t want to abuse that relationship by slighting your landlord, especially if you suspect that your problems paying rent may go on for some time. The best way to avoid a tarnished relationship with your landlord is to give them a time frame of estimated payment.
If you are 5 days late on your rent, you may want to approach your landlord with the idea of paying within 2 weeks of that time. This shows your landlord that you are making a reasonable effort at continuing to pay your rent. In cases like these, many landlords may even waive the late fee because of your diligence. Whatever you do, don’t destroy the trust with your landlord by hiding from the issue.
Keep in Touch
To keep the established relationship of trust between you and your landlord, you should always keep in touch about the status of your rent extension, especially if there are any problems paying within the estimated time frame that you provided.
Most landlords understand periodic financial troubles, but if they start to feel like their generosity is being abused, they may decide not to work with you at all. You can avoid this by keeping the lines of communication open with your landlord and by keeping them informed about your financial situation.
Overall, the best way to be granted a rent extension is to be honest, genuine and appreciative. If you can show your landlord that you are making every attempt to pay your rent, you will most likely be granted a rent extension when needed.
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