The court’s job ends with the judgment. Collecting on that judgment is on you. Your ex-tenant might pay you immediately, and if so, great. Now it is time to celebrate. But what do you do if they don’t?
There is no question that you can and should take control of your abandoned property, but you can’t just start re-keying and tossing out your ex-tenants’ belongings. Your tenant might have left but had every intention of returning to the property. If you took possession in that instance, your tenant could claim wrongful eviction, and you might need to pay damages.
By Daniel Bornstein, Esq. With the holiday season nearing, the [...]
Although many mortgage companies offer a payment grace period beyond the listed due date, the same is usually not true for rental payments.
When your tenant plans to move, you should make the move-out process as smooth as possible. This benefits you and your tenant—when your tenant knows what to expect, they're more likely to meet your expectations. Here are some templates you can use when your tenants’ leases are about to end.
Not paying rent is one of the worst financial decisions you can make. It’s never good to skip paying a bill, but if you’re in financial trouble because of a job loss or other reason, prioritize which bills you should pay first.
By Daniel Bornstein, Esq. | Bornstein.law When rental relationships sour, [...]
Withholding rent is a last-ditch effort to regain control in a situation where you may feel powerless. However, withholding rent is illegal in most states, and it's difficult to emerge without an eviction and mark on your credit score.