Landlord Newsletter - Urgent Late Notice - State Limitations |
January 14, 2014 Dear Fellow Landlord, Many landlords I know are constantly struggling in an effort to enforce timely rent payments from their tenants or to collect the late fees as stated in their leases. I hope you find the free form and articles in this issue helpful! In this newsletter:
Please e-mail us if you have any questions or would like to add or share any material / information. Have a great month!
A Late Notice is one thing, but an Urgent Late Notice is pretty serious. This form was modeled after a 72 Hour Notice of Eviction posted by our Sheriffs Dept. It is often used by landlords for rent collection instead of a Notice to Pay Rent or Quit. We have found the Urgent Late Notice to be one of our most effective forms in getting the tenants to pay the rent and the late charge. The Urgent Late Notice Eviction Status Warning includes the following features:
One of the most important elements in modern residential leases today is the Late Fee clause. In order to encourage timely rent and discourage late payments, you should have a solid late charge clause. Having the clause in your lease is only part of protecting yourself against late rent.
How many days should pass before I charge my tenant a late fee? How to Enforce Late Fees when the Tenant won't pay them willingly... Have you ever had a tenant who pays the rent late, but always ignores the late fee? How about when you repeatedly send late fee notices? Are those notices ignored too? Don't you just hate that? You are not alone. I know the feeling. Many, many landlords experience this frustration. Because the tenant pays the rent, though late, most landlords are willing to let it slide. You may be tempted to look the other way, reasoning that the tenant isn't so bad. "At least the rent is getting paid", you might think. Why rock the boat, right? "At least I'm not dealing with an eviction... yet." You might also be thinking that you can collect these unpaid charges from the security deposit...
Click to read more about How to Get Your Late Fees PAID!
The Landlord Protection Agency® presents John Reno, Esq., a highly experienced Landlord - Tenant attorney based on Long Island, NY.
John Reno also does Mortgage Loan Modifications (Nationwide). Dear Mr. Reno:
"If the landlord wants to sell the Unit Landord shall have the right to end this lease by giving 30 days notice to Tenant. If Landord gives Tenant that notice then the lease will end and Tenant must leave the unit at the end of the 30 days period in the notice."
A: I don't see a problem with it. Of course, it won't enforce itself (you would still have to commence a holdover eviction.) If you have a landlord tenant problem you'd like to ask a question about, please feel free to e-mail me your question. Take Advantage of our low Renewal Prices! How to Check your LPA Membership Expiration Date:
If you haven't already, please take the opportunity to sign up for The LPA's Quick Check Credit Reports! Quick Check is a simple, fast way to access online credit reports while saving you money! What are people saying about The Landlord Protection Agency? |
|
|||||
© 2000-2024 The Landlord Protection Agency, Inc.