What happens if the tenant does not pay rent on time?
The rent is due on the first of each month and considered late after the third. More than 96% of the tenants pay their rent by the third of the month. If not paid by the third of the month, we will take the first step in the eviction process, which is to send to the tenant a “72 Hour Notice” to vacate. We are generally contacted and the rent is paid. If they have not paid by the end of the notice period, we file an eviction at the Justice of the Peace precinct and a hearing will be within ten to fourteen days. We file for hearings on less than 1% of tenants each month. In most cases, we will handle all evictions ourselves, without an attorney. You would pay initially for filing fees (which are later charged to the tenant) but there is no additional change for our time – it is part of normal management. If an attorney is necessary in a contested eviction, you will be responsible for any legal fees.
