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.”

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