OK – here’s the story. I now have a TT order which states “Failure to pay the rent and rent arrears ... will result in immediate termination of the tenancy”.
Shoot me now, but my tenant seems OK, just in a bit of a hole with regards to cashflow. As of this coming Friday (the due date from the TT ruling) he’ll be 1 week in arrears. Depending on how long the termination process takes I’m trying to decide if I can give him a little more wiggle room before it gets to that.
What does the "will result in immediate termination of the tenancy" statement mean in the TT order? Does it mean that:
If the former, the bond won’t cover the rent owed by the time I get termination, so that won’t be an option. If the latter, I may be able to give him some more time without too much risk before going down that route.
And just for the record, inspections to date have been fine, and I’ll be kicking another one off tomorrow to establish a baseline, just in case.
Shoot me now, but my tenant seems OK, just in a bit of a hole with regards to cashflow. As of this coming Friday (the due date from the TT ruling) he’ll be 1 week in arrears. Depending on how long the termination process takes I’m trying to decide if I can give him a little more wiggle room before it gets to that.
What does the "will result in immediate termination of the tenancy" statement mean in the TT order? Does it mean that:
- I have to get another TT ruling that the payment has not been met (with the inevitable delays getting another TT hearing date) before I can start termination via the DC / bailiffs etc? Or,
- I can go down the DC / bailiff route, prove non payment, and kick off termination in around 2 days?
If the former, the bond won’t cover the rent owed by the time I get termination, so that won’t be an option. If the latter, I may be able to give him some more time without too much risk before going down that route.
And just for the record, inspections to date have been fine, and I’ll be kicking another one off tomorrow to establish a baseline, just in case.
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