Request for Rent Reduction for Business Premises:

Key Points and Swiss Template in English

Use a Request for Rent Reduction for Business Premises if...

… you rent business premises for a shop and have been required to close it because of the COVID-19 measures imposed by the authorities

… business operations have been severely restricted because of the COVID-19 measures and you seek a reduction of the rent for your premises

Key points included in a Resolution of the Board of Directors for a Transfer of Shares

What is a Resolution of the Board of Directors for a Transfer of Shares ?

Under this request for rent reduction, the tenant of a commercial property seeks the remission of rent payments, because it has been prevented from using the premises as contractually agreed.

Effective March 17, 2020, authorities have ordered public-health measures to contain the spread of the COVID-19 virus, such as social distancing, and most notably the closure of nearly all shops. These measures have had the effect of prohibiting the use of commercial property or rendering it virtually impossible. The law generally treats an obstruction to the use of rented premises for which the tenant is not liable as a defect entitling the tenant to compensation. The compensation sought in this request takes the form of remission resp. a reduction of the rent during the COVID-19 virus crisis.

Open a free account now and create the document of your choice



This might also interest you

Agreement Regarding the Partial Remission of Rent
Request For an Extension of The Payment Deadline or (Partial) Remission of A Claim
Sublet Agreement
Loan Agreement
Subordination Agreement

Create clever contracts today

Discover our contract library with over 100 smart templates in English, German and French. 

Happy business woman using Approovd for innovative contract management

Open a free account now and create the document of your choice.