Provides a structured framework for a landlord to temporarily reduce a commercial tenant's rent obligations during a period of financial hardship. The agreement defines a forbearance period with minimum payment percentages for base monthly rent (lease ¶4(A)) and additional rent (lease ¶4(B)), then requires the unpaid amounts (the Deferred Rent) to be repaid after the period in a stated number of equal monthly installments without late charges if the tenant strictly complies. The tenant must keep paying all other amounts and complying with the lease; while it complies it may stay in occupancy and the landlord will not pursue remedies for the late rent, but any failure puts the tenant in default of this agreement and the lease (without further notices the landlord already gave under lease ¶20(B)–(C)) and lets the landlord exercise all lease remedies. Time is of the essence. Signed by Landlord and Tenant (up to two signatories each, with printed name, title and date).
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The TXR 2126 form is organized into the following sections:
TXR 2126 has a verified fill map in EZDocs: answer a guided form — with the parties, property, price and closing date already filled in from your deal — and RaiderX fills the official current revision of the PDF, places every signature, initial and date line, and sends it for e-signature. Once every side has signed, the executed copy files itself into the deal.
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