What if you place a tenant using a 12 month lease and they stay only 3 months, am I charged the full leasing fee again?
No, we guarantee tenant placement for 6 months, if the tenant leaves before that time we will place the next tenant for free. How does an eviction affect me? Most importantly we always try to avoid the eviction process by fully qualifying tenants prior to placement. However, at times eviction is necessary. The rent is due on the first, a $50.00 late fee is assessed on the 6th, an additional $10.00 daily fee is assessed for everyday after that. We post a 30 day notice to quit on the 8th of that same month. After the 30 days expires we may apply for a court date for non payment of rent. We expect a court date 2 – 3 weeks out. Once the judge rules on our behalf the tenant will be given another 30 to 60 days. As you can see there are two critical issues here 1) a qualified tenant, 2) acting quickly in the process. Where is the tenant’s security deposit held? At the point the tenant signs a lease they will pay for the first month’s rent, or a prorated amount, and a one month rental amount a
Related Questions
- What if you place a tenant using a 12 month lease and they stay only 3 months, am I charged the full leasing fee again?
- How much commission does Rainbow Tuition charged for the 1st month and when do I get my 1st months commission?
- The tenant has a lease that expires in six months, can the purchaser terminate early?
