The Landlord Protection Agency  
Main Menu, Landlord Protection Agency homepage Membership With The Landlord Protection Agency Free Landlord Services Member Services  

Re: Promise to Pay Form - Landlord Forum thread 217318

Re: Promise to Pay Form by ERIC on February 7, 2011 @18:31

                              
You can just use a Promisary Note, but you already have a lease. If he is vacating on the 17th of Feburary, you do not need a 3-day pay or quit, as he has already said he is moving on the 17th.

It will not be faster if you serve notice. It will not help your collection matters. It will not help the unit rent faster. It will only be more time and money out of your pocket. If he does not leave, that's a different story.

You should have enough of a deposit to cover the February rent anyway. If not, your bad. Now if your time to make sure he leaves the place spotless, as he has the time to do it and you are working with him.

Be thankful he is leaving voluntarily and not staying as long as he can, getting an attorney to fight you, and makeing your life hell for a while.

[ Reply ] [ Return to forum ]

Re: Promise to Pay Form by cc (CA) on February 7, 2011 @18:50 [ Reply ]
Eric, you're so right with that! I am thankful and do have enough to deduct out of his deposit so I'm just crossing my fingers now that he really does leave. Anything relating to my rental is such a big headache though and I can't think clearly! Thanks for making it sound less hectic. =)

cc

    Re: Promise to Pay Form by ERIC on February 7, 2011 @18:58 [ Reply ]
    It's really easy when you have good tenants. While no one can predict a job loss, you can predict behavior with credit reports (600+) and criminal records. You can also predict whether or not a tenant can afford to pay by making sure they have 3-4x the rent in income.

    Often landlords get into trouble by renting to subpar tenants to begin with, then they blame the tenant. The tenant is just doing what they have done all along.

    Probably the same as many ex-wives. They get married, then when they can't change their new husband, they want a divorce and all his money...


Check-Out
Log in

Look-up
Associations
Attorneys
Businesses
Rentals Available
Rentals Wanted
Realty Brokers
Landlord Articles
Tips & Advice
Tenant Histories

Other Areas
Q&A Forum
Free Forms
Essential Forms
Landlord Tenant Law
Join Now
Credit Reports
About Us
Site Help



Contact The LPA

© 2000-2023 The Landlord Protection Agency, Inc.

If you enjoy The LPA, Please
like us on Facebook The LPA on Facebook
Follow us on Twitter The LPA on Twitter
+1 us on Google