17: Commandment #12: Thou Shalt Hold Thy Tenants Responsible

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As the owner of a rental property, your tenants have a legal responsibility to pay for the rent from their lease contract, and to pay for any damages that they cause to the property. All too often, landlords will fail to pursue their former tenants for what they are owed because of a concern that they will not have the financial resources to pay. This may certainly be true in some cases, but it is not true in all cases. When your tenants have failed to complete their legal obligations, you should obtain a judgment for the unrecovered funds. In the end, holding your tenants accountable is, and always will be a critical component of being a successful landlord. Website: www.JasonHartman.com