Evictions in the Atlanta area are up 12% since 2022. This is a worrying scenario for Rosswell landlords, who rely on their tenants for the success of their rental businesses.
Dispossessory proceedings are a drawn-out and expensive affair for landlords and only add to the losses incurred from losing your tenants.
Eviction protection is a landlord's best defense against the negatives associated with evictions. Keep reading to find out why you should sign up for this service.
Common Reasons for Evictions
The most common reason for eviction is when a tenant stops paying rent. Other reasons include:
- Breach of the rental agreement
- Criminal activity
- Failure to renew their lease
If your property is in an HOA, things work slightly differently. Tenants who infringe on HOA rules may face eviction.
An association management company may approach those who break the rules directly, but they will contact you to deal with repeat offenders. Depending on the association rules, you might need to evict your tenant if they don't comply.
Regardless of the circumstances, you must proceed with the eviction process according to Georgia's rental law.
You must comply with regulations about notifying your tenants and give them a specified time to respond. It can take up to 80 days to wind up an eviction in Georgia.
How to Avoid Evicting Tenants
While there's little anyone can do about your tenant's changing forces, you can turn the odds against evictions in your favor with comprehensive tenant screening. It's best to hire a professional, like a property manager or screening company, to carry out this function.
These professionals know how to conduct tenant screenings according to Georgia and federal law. They verify all the information provided on rental applications and do the following background checks:
- Criminal history
- Employment
- Eviction history
- Affordability checks
- Credit score
You must have written consent from an applicant before doing any background checks.
All this information helps landlords place good tenants in their homes and reduce the chances of forced tenant removal in the future.
How Does an Eviction Protection Plan Work?
Some property management firms offer additional security for landlords in the form of eviction protection plans. These arrangements act like a type of eviction insurance for landlords.
Landlords subscribe to the eviction plan when they sign a management agreement with the property management company. Under this arrangement, the property management firm will:
- Handle the eviction process
- Pay a specified amount toward the legal costs of eviction
- Find a new tenant promptly
Eviction protection plans help put landlords at ease and alleviate some of the sting of losing tenants. In most cases, your eviction protection plan will automatically apply to the new tenants, too.
Peace of Mind for Landlords
PMI North Atlanta is part of a franchise with over 20 years of experience in property management. We screen every tenant thoroughly before you sign a rental contract with them and offer an extensive eviction protection plan for landlords.
Get in touch to experience professional, personalized service from one of Rosswell's most established property management firms.
