Landlords file three million evictions every year. This shows us how important the role lease enforcement plays in the tenant-landlord relationship.
Understanding lease enforcement protects your property and ensures tenants respect it. But legal jargon is confusing, so you may feel overwhelmed and not know where to start your research.
Sounds like your situation? Don't fret, we have the answers you need. Here's everything to know about lease enforcement in Greenville, North Carolina.
What Is Lease Enforcement?
Lease enforcement ensures your tenants stay within the contract. This could be, for example, following house rules or the basics, such as no property damage.
If there is a violation, lease enforcement permits you to take the correct measures. Hire a property manager and they will tell you the next steps to take if a problem arises.
Know the Law
As with any real estate investment, owners must understand North Carolina rental laws. The main tenant rights include the right to a clean environment, repairs, and privacy. This makes it easier to know when the agreement has been broken, so you can tackle the issue.
The most important law is The Fair Housing Act. This legislation stops landlords from refusing tenants based on race, color, religion, and gender. If you're unsure, it's wise to hire a property rental lawyer who can offer you valuable advice.
Write a Lease Agreement
Before you worry about lease enforcement, craft a solid lease agreement. The document should cover the most important topics. For instance, mention the duration of the tenancy and the rent payment. You must include house rules and what happens if there is a landlord-tenant dispute.
Your property manager should discuss the terms with the tenant so you're both on the same page.
Focus on Inspections and Maintenance
Build positive tenant relationships and encourage lease renewals through inspections and property maintenance. Property managers will arrange inspections to find lease violations and maintenance issues. The lease agreement should say when inspections happen and what the landlord handles.
How to Enforce a Lease
In the worst-case scenario, you may discover a lease violation and must take action. Common reasons include not paying rent, property damage, and criminal activities.
To end the contract, landlords in North Carolina must write a termination letter. It's important to note that the length of notice changes depending on the contract. For instance, yearly leases require a 30-day notice while a monthly lease needs a seven-day notice.
If the tenant stays in your rental, you can take legal action to regain possession and collect back rent.
Lease Enforcement 101
Once you understand what lease enforcement is, it's easier to spot.
Hiring a property manager helps you handle difficult situations and navigate the process. At Flagship Property Management, we handle rentals in Greenville and Goldsboro, North Carolina. Thanks to our years of experience, we know how to keep tenants and landlords happy.
If you're looking for a property management company, we'd love to hear from you. Contact us today to chat with a member of our team.