Fairness? Absolutely. But landlord/tenant laws have gone too far.....
Anyone who knows me, knows that I am at the front of the line when it comes to fairness, and consumer protection laws.
Do we need laws in place to protect tenants from overly oppressive landlords and/or "slumlords", for a lack of a better term? Yes!
But the evolution of landlord/tenant laws have gone TOO far. To the point where it makes some investors think "do I really want to do this?". In many cases, it seems you are at the mercy of the tenant. Especially for those tenants that want to abuse the system.
Example - I have an investor client that has purchased many rental properties over the years as a means for retirement. Well, she's getting to the point where she is headed for retirement now and began selling her properties. She is a very KIND person, as well as very tolerant and fair. Basically, a good landlord.
There is one property in which she was extremely tolerant and allowed the tenants to have animals on the property that almost no other landlord would allow. This really stems from the fact that my client is an advocate for animals in general. These tenants have been living in the property for almost 6 years.
Well, she gave the tenants WAY advanced notice about her intent to sell the property. About 2-3 times the amount of time that is required by law.
But ever since she gave them the well-advanced notice, these tenants have been underhanded, calculating, and abusive. They have made up stories, false narratives and stall tactics to the moon in an attempt to stop my client from selling the property. Initially, my client was actually going to attempt to sell the property and see if there was an investor buyer that would want to buy the property with existing tenants. But with all the stress and drama that these tenants have created for her, there is no way any buyer out there would want to purchase a property with this kind of nightmare tenant. After months and months of the tenants playing games with her, she finally got to the point where she had to hire an eviction attorney to start the process.
And this, by far, is one of MANY instances where I've had investor clients run into similar combative issues with tenants - many of which have cited "I know the laws" to the landlord in a very passive aggressive way of hinting that they are going to work the system to make life difficult for the owner.
Once more, MANY times, the tenants have even attempted to extort the owner financially by flat out telling them how much money they want to leave the property! Why aren't there any laws about that kind of extortion on the books?
Am I advocating eliminating landlord tenant laws? Absolutely not. Because there are some landlords out there, that if left unchecked, will be abusive to tenants and not focus on the quiet enjoyment of property for their tenants.
Laws do vary from state to state, so it's probably not the same for some as it is for others in different areas of the country.
But in my opinion, landlord-tenant laws have gone WAY too far to the point where tenants are now the oppressive abusers.
What has been your experience?
Ralph Gorgoglione - Broker / Realtor
Metro Life Homes / BRE #02009317
(310) 497-9407 / (800) 591-6121
Web: metrolifehomes.net
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