I am a new landlord and need to replace the only shower in our rental property, which will take 3 days to complete. The tenants will be staying at the premises for the duration of the repair and expect compensation for the inconvenience/impact. We offered them 25% rent reduction in daily rent throughout the course of the 3 day repair, but they have countered with expecting a full days rent reduced for each day. What are we legally required to prorate/deduct in rent considering it is their only shower and will not have one for 3 days? Thank you!
Refunding their entire rent for the 3 days can't be more than $300, maybe $400 if its a really high rent. You've already offered to reimburse them 25%, so the only difference we are talking about is a maximum of $300. I wouldn't spend 2-3 hours talking to people on BP and negotiating with the tenant for the sake of $300. I would just refund the money for the 3 days and thank them for being great tenants. Spend those 2-3 hours finding your next investment, and you'll make way more than that $300.
Contact an attorney in the State the property is located in and get legal advice, as this is a legal question either pursuant to the contractual terms and state law (whether statutory or case law).