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What the tenant should know when signing an agreement with the landlord about the rent reduce during COVID – 19 quarantine

Following the announcement of the COVID-19 quarantine, negotiations began between the landlords and tenants to reduce the rent. Some landlords have already provided tenants with ready-to-sign agreements for the application of such discounts.

The lawyers of the real estate group of TRINITI suggest that the tenants are in no hurry to sign the discount agreements submitted to them by the landlords without first analyzing them properly and making sure that the content of its terms is in the tenant’s interests. Read more in Lithuanian…