Nexus Real Estate Group

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Tenant Stops Paying Rent

The tenant has stopped paying rent. This may not be the first. What now? Even though it might not be something you immediately think of, evictions can be costly and time-consuming.

Instead of jumping into drastic measures, take a step back to walk through the steps. You might find a more efficient and friendly solution.

Review The Situation

Consider the past of the tenant. Are they a tenant who has missed rent payments in the past? You can usually resolve the problem by reminding them. You should also check your lease agreement. It may include a late-fee clause (allowed in most States) that gives you a framework to proceed.

Call The Rental Agency

Get in touch quickly with the renter to find out why the rent wasn't paid. This can be done in person or over the phone and followed up with a letter.

Sometimes it's possible for the bank to make an error or forget. Maybe the tenant didn't understand grace or late-fee periods. It doesn't matter the reason, it's important that you pay your rent on time. You can assess a late fee if the law in your area allows.

Respectful, prompt, and firm is key. Avoid being pushy and not letting the renter pay you back late.

If you don't mind being evicted, you can make an exception to a lease for a long-term tenant. If they don't meet the deadline, be prepared to end your lease.

If your tenant is not able to pay, you won't be paid. Instead, you can offer to terminate the lease without penalty if the tenant leaves within one week. You can also work with the tenant to create a plan for moving out in a reasonable time.

Notification To Quit Or To Pay

In most states, you are allowed to serve a tenant with a quit or pay notice as soon the rent is due. This notice is written and outlines the rent owed, late fees, and the due date for payment.

It is generally done via mail. Some states, however, require it to be done in person. Landlords will often ask for payment within three to five days. An experienced landlord-tenant lawyer can provide more information about local laws and regulations.

Pay The Tenant To Move Out

 It is important to find a tenant who can pay rent as soon as possible. To help the tenant move out, offer money if the property is in good shape.

Evacuation

If none of the above options work, it's time to start eviction proceedings. It is tempting to just do it yourself and turn off the utilities or lock the door to get rid of the tenant. But that's not legal.