Talk to an Advisor
1-800-USA-1031
GET STARTED

Eviction

Eviction is a legal process that a property owner or manager initiates to remove a tenant from a rental property. This process is typically initiated due to a violation of the terms of the lease or rental agreement, such as failure to pay rent, damage to the property, or other behaviors that constitute a breach of contract.

The exact process and requirements for eviction can vary widely by jurisdiction. It generally includes giving notice to the tenant, filing an eviction lawsuit, and obtaining a court order. Only with a court order can the tenant be legally removed, and usually by law enforcement if they do not comply voluntarily.

An eviction can have significant financial and logistical implications for real estate investors. It can lead to periods of vacancy, legal fees, and potential property repairs. Therefore, many investors work to minimize evictions through careful tenant screening and property management.