Posted by paul on May 08, 2015 at 06:52:08 from (76.77.197.114):
In Reply to: OT Estate Question posted by John B. on May 07, 2015 at 19:14:07:
If you have to worry about that, you are getting the wrong persons to live there........
There are 100 issues you face, your question is way down the list of what you need to be worried about.
I can't imagine doing this with strangers.
Anyhow, you draw up a renters agreement and have it signed, even for 0 rent you do the agreement.
Such a document would take care of your question. In general, these property takings have to happen without any agreement or acknowledgement between the parties, and any sort of dollar excheange or signed agreement puts such stuff off. Of course anyone can sue anyone for anything, no matter how far fetched, so - anything can happen, you just need your documents lined up to protect yourself. The details of such a document would be up to a lawyer in your state to craft, if you are worried about those details.
The bigger problem you face is getting rid of a deadbeat renter. And that is what you will have. There will be no incentive for a rent free renter to leave your property, there will be zero incentive to get them to marginally care for the place. Most state laws favor the renter these days, so once you tell thrm to leave, they will likely have months to,play the game, and trash the place as they stay there ever longer. Why would you leave when anywhere else will cost you money, this place is free?
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