Owning properties that you can rent out for short periods or for a longer time is a great way to generate revenue. In many instances, the relationships between landlords and tenants are mutually beneficial. At other times, issues can arise that require some type of legal intervention. Why would you as a landlord need to seek out a lawyer for landlord tenants dispute or some other matter that has to do with your property? Here are four common reasons to consider.
Evaluating the Structure of the Landlord’s Corporation
It’s not unusual for landlords who own more than one property to incorporate. In fact, there are owners who choose to do so even if they have a single property like a duplex or maybe multiple condos found on a single tract of land. The goal is to ensure that the way your corporation is set up offers the best in terms of taking advantage of tax breaks, qualifying for various kinds of deductions, and other basics.
A lawyer who is well-versed in real estate law, including tenant law, can do quite a bit to refine your condo corporation set up and ensure the provisions within are in your favor. Even if you have something already in place, a review is worth the time and expense. There’s a good chance the lawyer will spot areas where the documents can be improved a bit and provide you with more protection.
Understanding the Complexity of Real Estate Law
A lawyer can be a key resource long after the condo corporation set up is completed. There are a number of nuances found within real estate law that are likely to apply in your case. Being unaware of those nuances is not an excuse. Should you accidentally run afoul of one or more of those laws, it could mean big legal issues.
A real estate lawyer can ensure you’re operating in full compliance with those laws. Your legal counsel can also explain them in terms that you easily grasp. That will go a long way toward helping you with property management, tenant selection and knowing what can be done if something isn’t working out.
Attempts to Resolve a Dispute Have Proven Fruitless
Most landlords will attempt to resolve issues with tenants before restoring to legal means. If you’ve tried that with a problem tenant and things haven’t gotten any better, it’s time to see what steps you can legally take.
This is where advice from a lawyer for landlord tenants dispute can evaluate the circumstances, review what sort of attempts you’ve made so far, and provide suggestions for how to proceed. With a little luck, one of those suggestions will work and there will be no need to move forward with an eviction.
Managing an Eviction Properly
Should the situation be so serious that resolution is not possible, beginning eviction proceedings will be the only option. Keep in mind that an eviction involves more than simply telling the tenant to pack up and get out. There are specific steps that you’ll need to take. That’s where representation by a landlord dispute lawyer will make a difference.
Your legal counsel can ensure that every step isn’t in the proper order. If the tenant chooses to fight the eviction, your lawyer will also know what must be done. While it may take some time, the odds of successfully completing the eviction are higher if you do have legal counsel.
These are only a few of the ways that tenant landlord lawyers can help their clients. If you’re facing an issue with a tenant, contact a lawyer today and schedule a consultation. The issue that you’re facing may be easier to resolve than you think.
Interesting related article: “What is Justice?“