Agreement to Waive Rent Arrears

Document Type: DOCX

Number of Pages: 2

Price: KES 150
Buy with Email Buy via WhatsApp

Summary

An Agreement to Waive Rent Arrears is a formal legal document used in Kenya between a landlord and a tenant, where the landlord agrees to forgo part or all of the rent arrears owed by the tenant.

Key Components:
1. Title
2. Date of the Agreement
3. Parties Involved
4. Property Description
5. Details of Tenancy
6. Waiver Clause
7. Balance (if any)
8. Good Faith Statement
9. Non-Reclaim Clause
10. Confidentiality Clause (optional)
11. Governing Law Clause
12. Signatures
13. Witness Section

Purpose:
1. Clearly outlines what amount of unpaid rent is being forgiven and under what terms.
2. Ensures that the landlord cannot later claim the waived amount or take legal action over it.
3. Provides legal protection and proof of the arrangement, should the need arise (e.g., in court or before a tribunal).
4. Helps preserve or restore a good relationship between landlord and tenant, especially in situations involving financial or personal hardship.
5. Often includes terms for ongoing tenancy, resumption of regular rent, or expected behavior from the tenant.

Order for an editable sample template here on Sheriaplex.

Below is the document preview. Buy to get the document sent.

This is the end of this document preview. Buy to get the document sent.

Disclaimer: This document is not to be taken as legal advise.

Agreement to Waive Rent Arrears

Summary

Related Documents