Lease Modification Applications

LOUISIANA REALTORS • May 19, 2020

Information provided by:
Patricia B. McMurray, JD and Melissa Grand, JD,  Baker, Donelson, Bearman, Caldwell & Berkowitz, PC

450 Laurel Street, Chase Tower North, 21st Floor Baton Rouge, Louisiana 70801

Louisiana moved into Phase One of reopening on May 15, 2020.[1]  Landlords and tenants continue to be significantly impacted by the COVID-19 pandemic. The ramifications that the pandemic may have on specific leases is fact and contract specific. 

Many commercial and residential tenants are requesting lease modifications from their landlords.  Sample COVID-19 Lease Modification Application (commercial) and COVID-19 Lease Modification Application (residential) are provided.  These sample forms are not mandatory forms.  The forms provide suggested requests for information and documentation from the tenant for the landlord’s use in evaluating the tenant’s lease modification request.  If a lease modification is agreed upon by the landlord and tenant, the modification should be in writing.  See also Necessary Documentation and Privacy Considerations.    

For a discussion of potential legal issues pertaining to leases during the pandemic, see Louisiana REALTORS®’ article, Landlord/Tenant, Eviction, and Foreclosure Issues.  Each lease should be carefully examined and considering these novel circumstances, you should consult with an attorney in analyzing the landlord’s or tenant’s rights under the lease.   
DOWNLOAD SAMPLE LEASE MODIFICATION REQUEST FORM

DISCLAIMER


Information and additional guidance and orders regarding the pandemic are being issued daily.  The information is the article was last updated on May 15, 2020 at 3:30 p.m.

These materials are to be used for informational purposes and should not be construed as specific legal advice.  These materials are not designed to cover every aspect of a legal situation for every factual circumstance that may arise regarding the subject matter included.

This publication is for reference purposes only and association members or other readers are responsible for contacting their own attorneys or other professional advisors for legal or contract advice.  The comments provided herein solely represent the opinions of the authors and is not a guarantee of interpretation of the law or contracts by any court or by the Louisiana Real Estate Commission.

 

[1]      See Louisiana REALTORS® article, “Louisiana Officially Moves To Phase One Of Roadmap To A Resilient Louisiana.”

Louisiana REALTORS®: Housing Will Be Critical to SpaceX Investment’s Success

By Louisiana REALTORS® • August 25, 2026
Louisiana REALTORS® CEO Norman Morris issued the following statement after SpaceX announced plans to invest $100 billion in a new launch facility in Vermilion Parish. The project is expected to create 3,000 direct jobs and more than 8,100 indirect jobs across Acadiana. “SpaceX’s investment is an extraordinary economic win for Louisiana. We congratulate Governor Jeff Landry, Louisiana Economic Development Secretary Susan Bourgeois, Vermilion Parish leaders, and everyone who helped bring this historic project home. The housing and infrastructure improvements needed to support more than 11,000 new job opportunities should generate a huge economic boost to the Acadiana and Gulf Coast region. According to the National Association of REALTORS®, each typical Louisiana home sale generates approximately $88,600 in economic activity. Even if only half of the new SpaceX related jobs lead to a home purchase, the impact would generate nearly half a billion dollars across our state's economy. That improves our tax base and school systems, and ripples through our economy touching builders, bankers, hardware stores, appliance dealers, contractors and so many more. “Housing is not downstream of economic development; it is an essential infrastructure. Louisiana REALTORS® and our partners stand ready to help turn these new jobs into homes, stronger communities and lasting roots in Louisiana. Economic development creates jobs, but housing turns those jobs into homes. Let’s make Louisiana home again, together.” Economic-impact estimates are illustrative calculations by Louisiana REALTORS® using employment projections from Louisiana Economic Development and the National Association of REALTORS®’ estimated economic impact per typical Louisiana home sale. They are not forecasts or recurring annual-impact figures. Enjoy the video below from the Louisiana Department of Economic Development .
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