As a landlord, you likely have a significant amount of time, money and effort invested in your property. You also play a valuable role in society. That is, you provide a decent place for someone to live in exchange for rent payments.
If you regularly rent to tenants, you should be familiar with applicable laws in the Sunshine State. Still, you may eventually encounter a variety of problems. Usually, though, landlords choose to evict tenants for just a few reasons. Here are three common ones:
1. Nonpayment of rent
Perhaps the most common reason to evict a tenant is for nonpayment of rent. If your tenant stops paying, you must give him or her a default notice. Typically, you must provide three days to cure the default, although your rental agreement may allow for more time. If your tenant does not pay what he or she owes, you may proceed with the eviction process.
2. Failure to leave
Most residential leases are for a specific term, often one year. If your tenant refuses to leave the property when the lease expires, you may have to move forward with eviction. Note, though, that if the lease expires and you agree to continue renting to the tenant, the lease continues on a period-to-period basis. If that happens, you typically must give your tenant at least 15 days’ notice before beginning eviction.
3. Destruction of property
Having a tenant destroy property is a nightmare situation for any landlord. Even though tenants have a general obligation to keep rental properties in good shape, they do not always do so. If you need to evict a tenant for destroying property or being a nuisance, you likely must give him or her seven days to fix the problem.
Having rental properties is often an effective way to realize financial success. Unfortunately, sometimes, you must intervene to protect your interests or the residence itself. By understanding why landlords regularly need to evict tenants, you can better safeguard your investment property.