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The News God > Blog > Business & Finance > Commercial Eviction: How to Do It Right and Protect Your Investment
Business & Finance

Commercial Eviction: How to Do It Right and Protect Your Investment

Rose Tillerson Bankson
Last updated: September 27, 2023 5:05 am
Rose Tillerson Bankson - Editor
September 27, 2023
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4 Min Read
Commercial Eviction: How to Do It Right and Protect Your Investment
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Is your business up and running, but are you stuck with a broken lease? Think about how much business you could do if you didn’t have to deal with a lease. If you own a property, can you lose a tenant overnight?

Contents
Review the Lease AgreementEstablish Open CommunicationFile for Eviction With the CourtSchedule a Court HearingProtect Your Investment by Making Commercial Eviction Easier

What happens when a commercial eviction spirals out of control? You can have a tenant see their lease through and not fulfill their obligations. When you do have to evict them, the process can become long and arduous. It can get expensive, and you could suffer financially.

This doesn’t have to happen; you can take some simple steps to end your contract and handle the situation. Find out how to do a commercial eviction the right way.

Review the Lease Agreement

It is important for both the landlord and tenant to review the lease agreement. This document outlines the terms and conditions of the tenancy. This includes the length of the lease, rent payments, and any clauses related to eviction.

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Both parties should examine the language used in the lease to determine if all requirements are met before pursuing eviction. This review process can help avoid unnecessary litigation and potential damages to both parties. It is important to seek legal advice from a commercial tenant evictions lawyer. It ensures that all commercial eviction processes are taken under the lease and applicable laws.

Establish Open Communication

Open communication allows for both parties to address any issues or concerns in a timely and respectful manner. This avoids misunderstandings and potential legal disputes. Landlords should maintain ongoing communication with their tenants.

Ensure to provide updates on rent payments and any necessary maintenance or repairs. Tenants should feel comfortable voicing any concerns or difficulties they may be facing. By establishing open communication, landlords and tenants can work towards a solution.

File for Eviction With the Court

The landlord must first provide proper notice to the tenant and allow them to comply with the lease terms. If the tenant fails to do so, the landlord can file a petition with the court to evict a commercial tenant.

The court will then issue a summons to the tenant for a court hearing. This eviction file allows the landlord to legally and efficiently remove the non-compliant tenant and regain possession of their property.

Schedule a Court Hearing

One crucial step in this process is scheduling a court hearing. This involves petitioning the appropriate court and providing proper notice to the tenant. It is essential to follow all legal procedures and timelines to avoid delays or complications in eviction.

By scheduling a court hearing, landlords can ensure that a judge hears and decides upon their case. This gives them the best chance to recover their property and protect their investment.

Protect Your Investment by Making Commercial Eviction Easier

Understanding the commercial eviction process is crucial for protecting your investment and ensuring a smooth transition if issues arise with a tenant. By following the necessary steps and seeking legal advice, landlords can minimize the risks and effectively handle a commercial tenant eviction.

Don’t wait until it’s too late – take action now to safeguard your investment.

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