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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.”

Consumer Guide Update: Preparing for Homeownership

By Louisiana REALTORS® • February 19, 2025
As previewed last week, NAR is pleased to share the latest consumer guide focused on preparing for homeownership. This guide covers what prospective buyers should consider as they kick off the home purchase process, including the importance of credit scores, mortgage pre-approval, down payments, budgeting, and educational resources. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Preparing for Homeownership Escrow and Earnest Money Pricing Your Home Preparing to Sell Your Home Fire Damage and Policy Coverage Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with potential clients to ensure they have the information they need to be successful in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover property taxes.

Consumer Guide Update: Escrow and Earnest Money

By Louisiana REALTORS® • February 14, 2025
As previewed last week, NAR is pleased to share the latest consumer guide focused on escrow. This guide covers what homebuyers should know about earnest money deposits, including the general terms and use cases in real estate transactions. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Escrow and Earnest Money Pricing Your Home Preparing to Sell Your Home Fire Damage and Policy Coverage Flood Insurance Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover preparing prospective buyers for homeownership.

2026 LR Officer Elections, RVPs & NAR Director Applications

By Louisiana REALTORS® • February 12, 2025
The Louisiana REALTORS® Board of Directors will conduct several elections this Spring. Interested candidates that meet the qualification who are looking to serve at either the state association level or the national association level are encouraged to view the criteria and submit an application. An application that is not submitted on the appropriate form or not submitted pursuant to the instructions shall not be considered as submitted timely.
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