This blog post is intended to provide useful information not only for landlords but provides an eye-opening realization for tenants to let’s start with a legal agreement that is created between a landlord and a tenant when a landlord and tenant enter a lease their making promises to each other the landlord promises to provide housing to the tenant and the Tenant promises to pay rent. Went to the landlord a common fault committed by landlords is that they allow tenants to get away with not paying their rent sometimes for months by not paying rent a tenant faces in eviction that permanently appears on the public records and that affects their ability to obtain housing in the future.
Let’s briefly look at each issue tenants will cite reasons like unexpected Health Care bills unexpected auto repairs or having to use their money to get Caught up on utilities this usually results in the landlord giving the tenets of break telling the tenant that they can get caught up the following month. But before long the tenants three months of rent the landlord after the third month of no rent calls an attorney in the eviction process begins by delivering a notice to the tenant telling them to pay their rent or vacate the unit for a landlord.
They waited too long to serve the tenant with a notice. On the tenant’s side, the tenant ignores the notice doesn’t pay and the eviction is filed this creates a bad situation for a tenant because now public court records showed that an eviction was filed against the tenant by the way eviction court records are searched by landlords, when a prospective tenant applies for a unit that record tells another landlord that you have a history of not paying rent.
Now the landlord is going to lose four months of rent based upon the time the tenants strung the landlord out and the time it takes to serve the tenant with eviction papers and waiting for the court date removing the tenant preparing the unit for a new tenant. And then we renting the unit for landlords. The better way to handle a delinquent tenet is as follows in Wisconsin, when the deadline to pay rent passes on the first delinquency the landlord must deliver a 5D notice to the 10 and giving the tenant a short period of of time to pay if the deadline passes then the landlord should spend the money to proceed with an eviction to force payment cut off the compassion spigot and avoid losing months of rent.
If you’re a tenant you probably think this message is really mean and ruthless. Well, it’s not. Think about it. The landlord upheld their promise the tenant by failing to pay rent did not once the tenant receives the landlord’s five-day notice. The ball is now in the tenants court if the tenant pays within the notice period the crisis is averted if the tenant needs a few more days passed the noted period the landlord can grant additional time, but at a minimum the landlord by timely delivering notice to the tenant when the first instance of delinquency occurs, the landlord is protected. They shouldn’t wait tenants should avoid non-payment.
Problems With Paying Rent
If there’s a problem paying rent the tenant should contact the landlord immediately don’t wait make payments payment arrangements and follow through with your promise rentals are a business transaction between a landlord and a tenant just like a tenant a landlord has bills to pay too failure to follow through with your promise results in a bad financial ending for both.