As a landlord, you have a variety of legal rights. For example, you are able to collect past due rent and take back possession of a property in the event of nonpayment.
Unfortunately, many landlords don't understand this. Instead, they assume that their "hands are tied" in the event of nonpayment.
At our law firm, we have helped many landlords collect the money that is due them. This includes many steps, such as submitting a formal demand for the rent that is due, serving the notice and following through on obtaining a judgment.
In some cases, it may be in your best interest to reach a settlement with the tenant. With this, you can agree to things such as installment payments or a partial payment. It may not be the ideal situation, but it can help you put the problem in the past.
If all else fails, you may want to learn more about how to initiate eviction proceedings. In some cases, although you hope to avoid it, you may need to forcibly remove the tenant for nonpayment.
In a perfect world, you would never run into any problems regarding nonpayment or eviction. However, as a landlord, you know that both of these things can become an issue at some point in the future.
Knowing your legal rights will go a long way in putting your mind at ease. If nothing else, you'll know which steps to take and how to deal with any situation that comes up. In the end, what matters most is that you receive payment or are able to rent the property again.