AOA Form No. 19 - Copyright 2020 - Apartment Owners Association of California, Inc. ▪ www.aoausa.com
▪ San Fernando Valley (818) 988-9200 ▪ Los Angeles (323) 937-8811 ▪ Long Beach (562) 597-2422 ▪ Garden Grove (714) 539-6000 ▪ San Diego (619) 280-7007 ▪ Northern California (510)769-7521
PAYMENT PLAN FOR PAST DUE RENT
This Past Due Rent Payment Plan Agreement is by and between:
Landlord: _______________________________________________________, (“Landlord”), and
Tenant: _________________________________________________________, (“Tenant”) for the property
located at ______________________________________________, Unit number _______ in
_____________________________________, CA, __________________.
HEREINAFTER, the Landlord and Tenant (“Parties”) agree to the following:
1. BALANCE. A
t the time of this Agreement, the Tenant owes the Landlord the amount of __________________
D
ollars ($____________) (“Amount Owed”) for back-rent for the following time-periods and amounts:
From ______________________ to:
______________________ $_________
From ______________________ to: ______________________ $_________
From ______________________ to: ______________________ $_________
From ______________________ to: ______________________ $_________
From ______________________ to:
______________________ $_________
From ______________________ to:
______________________ $_________
2. DISCOUNTED BALANCE. In consideration of the Tenants agreement to repay the Amount Owed in this
Agreement, the Landlord agrees to: (check one)
☐ - No Discounted Balance. The Tenant shall pay the full Amount Owed (“Amount Owed”).
☐ -
A Discounted Balance. The Tenant shall only be obligated to pay the discounted amount of __________________
D
ollars ($_________) ("Amount Owed"). If the Tenant should default under any of the terms of this Agreement, the
Tenant shall owe the Landlord the Amount Owed in addition to other penalties, fees, and any accumulated interest.
3
.
RE
PAYMENT PLAN. To satisfy the Amount Owed, the Tenant agrees to repay the Landlord under the followi
ng
te
rms:
A
.
Repayment Period. The Tenant shall re-pay the Landlord on a: (check one)
☐ - Monthly basis beginning on __________________, 20____, in the amount of $_________ to be paid on the ____ of
every month ending on __________________, 20____ or when the Amount Owed is paid-in-full.
☐ -
Bi-Weekly basis beginning on __________________, 20____, in the amount of $_________ to be paid every
fourteen (14) days ending on __________________, 20____ or when the Amount Owed is paid-in-full
.
☐
- Weekly basis beginning on __________________, 20____, in the amount of $_________ to be paid every seven (7)
days ending on __________________, 20____ or when the Amount Owed is paid in full.
☐ - Other. _______________________________________________________.
B. Payment Instructions. Th
e Tenant is required to pay the Landlord under the following instructions:
_______________________________________________________________________________________
_______________
________________________________________________________________________.