How to properly handle tenants who withhold rent
Reading Time: 2 minutes Tons of prospective landlords always ask us this question: “Can my tenants withhold rent?” The state of Massachusetts is very tenant-friendly. However, there are some guidelines that tenants need to follow if they are going to withhold rent. Read on to know some. 1. A tenant must withhold in separate escrow accounts …
Tons of prospective landlords always ask us this question: “Can my tenants withhold rent?” The state of Massachusetts is very tenant-friendly. However, there are some guidelines that tenants need to follow if they are going to withhold rent. Read on to know some.
1. A tenant must withhold in separate escrow accounts
For example, if the tenants will withhold $500, they have to take that rent and put it into a separate escrow account. When the problem is resolved, they must pay the landlord. If they don’t, technically they can’t withhold it.
2. Withholding due to certain habitability issues
A tenant can’t just say, “Well, I don’t like you, I’m not happy with your apartment. I’m just going to withhold my rent.” What a landlord needs to do is to coordinate with someone who is knowledgeable and understands when a tenant can withhold the rent.
Massachusetts is a very tenant-friendly state, which means that you, as a landlord, have to make sure that you’re doing everything you can to ensure that your tenants are taken care of, and you’re abiding by the rules. When you do have to go to court, you can prove that you’ve done everything right from your side. If you don’t, you can be sued or have to pay triple damages.
If you or anyone else you know is struggling with these kinds of situations, and needs some help or guidance in withholding rents of tenants, feel free to reach out to us, as we would love to help you out. Remember, with Green Ocean Property Management, you get more than a property manager, you get peace of mind.
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How We Handle Late Payments
Reading Time: 3 minutes At Green Ocean Property Management, we implement a system for collecting rent online. And if rent still isn’t paid on time, landlords don’t need to worry as here are the steps we take to handle late payments. #1 We have a tenant portal First and foremost, we don’t want any late rent…
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