How To Quicken The Eviction Process.

As some point as a landlord we have to deal with eviction. I have had my fair share of  experience with evictions and decided to blog about it.  The process begins with being familiar with the landlord-tenant laws that govern your state. In Missouri for instance if you own a LLC then you have to use a lawyer for evictions, however as a sole proprietor you can file the eviction for yourself.

A great way to quicken the eviction process is to change from yearly rental lease, to a month to month lease.  This has allows me to get rid of any problematic  tenant quickly as all l have to do is give them 30 days notice.   In my lease agreement l have stipulated that after the 5^th of every month they are late, and a late fee is assessed.  However after the 10^th of the month l immediately file an eviction notice.   Whereas In a yearly lease if after three month of non payment a tenant pays his rent, the landlord is obligated to whatever time is left on the yearly lease agreement.

I learned about this when l jointed a landlord network meeting.  The guest speaker was lawyer who had been advising his client to month to month lease.  With the economy declining this month to month lease cover you as you are able to unfortunately discharge non- paying tenants within a shorter time period.  The month to month lease also keeps the tenants on toes as they know that failure to adhere to the lease agreement can quickly result to eviction.

Updating you lease agreement is also very crucial. Every time l attend the landlord network meeting and learn something new l update my month to month lease.  This is because the law seems s to favor the tenants and as landlord we have to cover ourselves.  For instance did you know that if a tenant abandoned your property you still are required by law to mail them their deposit or explain how it was used up? Failure to do so can result in up to a fine three times the deposit amount on the landlord.  This is new law in my state of Missouri.

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