How To Evict Commercial Tenant ?
Landlords or property managers of commercial premises find the eviction process of the tenant, a tedious, slow and frustrating process. More so, it is quite expensive and time consuming especially in the case of mistakes in the form submission.
But if the owner of the commercial premise is aware of the basic rules and laws of eviction, it makes the process much easier. The eviction laws vary from state to state and it is strongly recommended to consult an attorney on the laws particular to your state where you have the property.
In the case of non paying tenants, you would be able to successfully evict the tenant smoothly and less expensively, if you evaluate the “trouble” early on, take a plan of action and stick to it. Be quite objective about your decisions. Evaluate whether your tenant has temporary financial setback in the business. Research on the possibility of a comeback by considering various factors like commercial viability, the nature of business, the customer demand in the area, etc… in case it is a temporary problem, it may be even wiser to negotiate a reduction in the rent and a payment plan to settle the overdue amount over a course of time.
Make sure you enter into legal agreement in writing so that it may useful at a later date in case you decide on finally evicting the tenant in case repayment is not working out. If you think the tenant would not be able to recover from the business problems in a short period of time, it may be preferable to start the process of eviction early on.
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