Quote:
Originally Posted by retiredguy123
Rent and mortgage payments are two entirely different things. I have seen where mortgage payments to a bank can be suspended, but not forgiven. But, most small businesses pay rent to a landlord under a private lease agreement. I have not seen anything that will suspend or forgive the lease payments. Can you cite a provision in the legislation? I know a person with a small business, and her landlord has refused to do anything to alter the lease.
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If I were a landlord, I could understand postponing rent a month or two perhaps. But, at the end of the day the landlord’s bills need to be paid as well so rent cannot be “forgiven”. You sign a contract (lease) and for exceptional circumstances, rent can be postponed but will still need to be paid when this is over.