PropertyManagementMaven: Rental Property Owners/Landlords DO have RIGHTS!!! Knowing them is the KEY!

Rental Property Owners/Landlords DO have RIGHTS!!! Knowing them is the KEY!

In spite of what the media might have us believe, and in spite of superficial evidence to the contrary, rental property owners do have rights. Those rights are specific and enforceable. They can be found spelled out in the landlord-tenant laws of your state. They are reiterated in the rental and lease agreements.

Conventional wisdom and recent history not withstanding, having them spelled out in detail is a real advantage to the property manager and owner. It means that if you follow the letter and spirit of the law, you can enforce the demand that your tenants do likewise.

 

Here are four rights that rental property owner/landlords are endowed with:

1. The right to receive the rent on time, paid in advance, with a good check, at the place of your choosing. Included in the landlord-tenant law of every state is the requirement that tenants pay the rent on time. The definition of "on time" varies from state to state, so it behooves the rental property owner and their property manager to find out exactly when the rent is considered late where your property is located.

Also remember that if the check bounces or is "lost in the mail," the rent isn't paid. Money has to be available at the place of your choosing. Any number of options are available to you ranging from knocking on their door the first of the month to using Automatic Fund Transfers from their checking accounts. The point is, you tell the tenant where the rent is to be paid, and it is your right to receive it there.

2. The right to a clean and sanitary rental. The property owner has the right to it and the tenants have the responsibility to make sure that their home free from filth and unconscionable debris. Messiness is one thing; but the filth and garbage that attracts pests from termites to rats to more bad tenants is another. Tenants have no right to endanger the property by living in filth.

3. The right to have the residents be good neighbors. Tenants have the responsibility to conduct themselves as good citizens in your rental property. That is especially important if they are living in multi-unit properties, since bad citizens drive the good ones out. But even in single-family homes, bad citizens will tear into the warp and woof of the fabric of a neighborhood, fraying its edges and tearing at its core to the point where that if enough bad citizens inflict themselves on it, the neighborhood will unravel to slum..

That means no drug dealers, no loud drunken parties, no racing up and down the street in front of the property, no leaving of hulks of cars in the driveways, parking lots or streets.

4. The right to select a qualified tenant to live in your property. Many landlords, living in fear of being caught up in the Byzantine world of the Fair Housing Law and federal bureaucracy, believe they have to rent to the first person who shows up with cash. Not so.

Even the most rabid Fair Housing enforcer recognizes that both bad tenants and good tenants come in all races, colors, creeds and disabilities. Property owners have the right to refuse to rent to anyone who has a history of failing to live up to his or her responsibilities as a tenant.

Make sure you know your rights and a property owner, and your responsibilities. You have a contract with the renters in your properties etched in the stone of the landlord-tenant law of your state and framed in your leases. The reason many landlords aren't able to enforce their rights is that they have not lived up to their responsibilities.

Read and study the landlord-tenant law of your state. Go to the classes presented by your local apartment or landlord association.

Take the time, become an expert, and no bad tenant can ever take your rights away.

 Wallace S. Gibson, CPM * GIBSON MANAGEMENT GROUP, Ltd.

LandlordWhisperer

View our available Charlottesville, Albemarle and Lake Monticello rental homes online with photos and floor plans


"...to be a Virginian, either by Birth, Marriage, Adoption, or even on one's Mother's side, is an Introduction to any State in the Union, a Passport to any Foreign Country, and a Benediction from the Almighty God...." Anonymous

 

Comment balloon 7 commentsWallace S. Gibson, CPM • February 28 2010 05:47AM

Comments

I love living in landlord friendly Nevada.  2 to 3 weeks for an eviction from the moment you start the process.

Posted by Kevin Dunlap (Trident Investments Group) over 9 years ago

VA is great also....I've been a property manager in VA, CA and Hawaii * VA is the BETTER of these 3

Posted by Wallace S. Gibson, CPM, LandlordWhisperer (Gibson Management Group, Ltd.) over 9 years ago

Florida takes about a month in most cases. Still much better than New York!

Posted by Bill True-Broker,ABRM,CIPS,CRB,CRS,GRI,RSPS (True Real Estate) over 9 years ago

NY has rent control and very liberal courts * it took over 2 years to get Mick Jagger's ex out of her NYC apt....It takes me 3 weeks and I can file as the property manager

Posted by Wallace S. Gibson, CPM, LandlordWhisperer (Gibson Management Group, Ltd.) over 9 years ago

Wallace, RIGHT. you are.  Sometimes tenants don't give landlords the respect they deserve. Some tenants feel that the landlord "can wait" or "doesn't mind".  They need to understand this is a business for us, not a charity.

Posted by Craig Snead, Real Estate Investor (Quality Home Investments, LLC / Dearborn Heights, MI) over 9 years ago

Craig * Agreed....if landlords FAIL, so then does a LARGE portion of the "shelter industry" of our nation.

Posted by Wallace S. Gibson, CPM, LandlordWhisperer (Gibson Management Group, Ltd.) over 9 years ago

It should be easy but it isn't:

Buy rental properties. Survive tenants for twenty years. Retire with great cash flow and vast equity.

Posted by Dave Halpern, Louisville Short Sale Expert (Keller Williams Realty Louisville East (502) 664-7827) over 1 year ago

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