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Can a tenant or tenant beneficiary not pay the monthly rental payment or damage the property?

April 26, 2017Beneficiary damage pay payment Property rental tenant

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Can a tenant or tenant beneficiary not pay the monthly rental payment or damage the property?

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In the event of ANY default, the tenant (usually also a beneficiary of the Trust) is evicted; loses their contingency fund; loses their home; gets reported to the IRS for a recapture of all tax deductions; gets sued for all missed and remaining lease payments. Good reasons NOT to damage the property. The vast majority of tenants do not trash apartments or houses. The Ama-Kya Trust gives better odds than a straight rental does that missed payments and damage do not occur.