How to handle defaulting tenants?

[Bookwormlux]

My parents have an estate where people Lodge in and are expected to remit some money yearly, but so many of the tenants are not willing to pay even after constant reminder. What is the best way to handle such individuals?

 

[Sariana23]

Before renting a property, a contract for the agreed period of time and the amount of the payments must be registered before a notary or head office. This is in order to legally solve the situation you are going through. Since having such contract with its clauses there is the support of the security forces and get the results you expect.

 

[Adventurer]

My parents have an estate where people Lodge in and are expected to remit some money yearly, but so many of the tenants are not willing to pay even after constant reminder. What is the best way to handle such individuals?

The best way to handle this is by taking them to court, yes it is a longer method but highly effective as it will serve as a lesson to other tenants and they won't want to tow that path.

 

[Sincerem]

My parents have an estate where people Lodge in and are expected to remit some money yearly, but so many of the tenants are not willing to pay even after constant reminder. What is the best way to handle such individuals?

Such happens to my own parents estate investment. Those Tennant's who refused to pay what is written as consensus are stubborn and fraudulent. They should be charged to charge to explain why such persistency in debt.

 

[cowantussie]

In such a situation, the property owner must have some residual power to deal with a defaulting tenant for redress or recovery of monies owed.
Keep payment records. .
Commence communication on record.
Inform the guarantor.

 

[Shigobad2020]

My parents have an estate where people Lodge in and are expected to remit some money yearly, but so many of the tenants are not willing to pay even after constant reminder. What is the best way to handle such individuals?

I believe theres an agreement that must be signed between landlord and tenant before he can move into the house, the agreement contains the do's and don't concerning the house, and if the tenant did not pay before the stipulated time, that means breach of agreement and he or she should be penalised by the law for it.

 

[Nomad]

Some tenants are unable to pay rents timely because they are struggling with financial issues. Some tenants are not paying rents in time because they might have encountered sudden financial crisis, and some tenants are not paying in time because they are not sincere. You need to identify the cause.

 

[Ralphjoe]

When it comes to defaulting tenants the way through which I will advise anyone to undo them is by being decisive with them because if you want to take it easy with them you may not get your rent from such kinds of tenant.

 

[Kunkun]

This is quite common and it's unfortunate too but that why it's better to enter an agreement prior that if you fail to meet up this and this would happen so they know already

 

[eLdavis]

I believe a contract was signed before they rented the house and purnishments should be stated clearly if there are any defaults

 

[Alexandoy]

I have been studying this issue because of our planned apartment in the near future. When we have 4 units of apartment to rent out that would be 4 kinds of tenant. There is a law that you cannot just evict a non-paying tenant. It has to undergo a sort of trial or hearing in the local community government called barangay.

 

[Bookwormlux]

There are instances where estate owners always make sure their occupants all have a job as they don't want somebody without a reliable source of income.

 

[GIFTMICHAEL]

Stubborn tenants are hard to do with, that's why handling your real estate investment to a lawyer to handle is the best incase tenants falter, then the lawyer can handle that and fine a penalty to the tenat who defaulted.

 

[Kelly5]

I believe there is available option if serving them an eviction notice as that property belongs to your father and not them. Some tenants can really be very wicked at this times as the law seem to be on their side in most occasion

 

[Mostee501]

When you own an apartment and you have tenants you have to set some rules and regulations that will govern and guide your tenants to comply

 

[Eodine]

I want to believe that before the owners accepted the tenant into the house, a legal practicioner was met as served as an intermediary so just in case of any issue, this same person should be contacted.

 

[Setfragil]

That is the reasons why it is good to employ the services of a qualified lawyer when bringing in tenants to use our properties. We need a lawyer to help with the necessary documents that will help charge your tenants to court in case they default in their payments.

 

[Fozzy_boy]

I’m

My parents have an estate where people Lodge in and are expected to remit some money yearly, but so many of the tenants are not willing to pay even after constant reminder. What is the best way to handle such individuals?

My parents have an estate where people Lodge in and are expected to remit some money yearly, but so many of the tenants are not willing to pay even after constant reminder. What is the best way to handle such individuals?

I think if everything that should be provided for tenants have been provided and the tenants still don’t change, they should be giving a notice and allow to leave and look for better tenants

My parents have an estate where people Lodge in and are expected to remit some money yearly, but so many of the tenants are not willing to pay even after constant reminder. What is the best way to handle such individuals?

 

[Kelly5]

Some tenants can actually have the money to pay their rents but just won't pay because some laws are at their advantage most times and they explore that weakness to not pay rents

 

[Bookwormlux]

I’m



I think if everything that should be provided for tenants have been provided and the tenants still don’t change, they should be giving a notice and allow to leave and look for better tenants

Definitely, they should not be allowed to spoil your apartment as it is your major investment and no attempt to run you Into losses should be tolerated at all.