What happens if a tenant stops paying the rent?
Maintaining a good relationship with the tenant is of paramount importance at all times, especially if they are going through a period of tight cash flow. A good line of communication can usually avoid most problems. But stringent collection procedures must still be in place. If a number of phone calls, a reminder letter and a site meeting has not resolved the situation, a “Notice To Quit” is issued, and the tenant must vacate the premises immediately.
