Another problem is that an agreement on repairs unduly obliges the tenant to ensure that the house is safe and habitable. This is always the responsibility of the landlord, unless the tenant has caused damage. You should not move into a home that is unsafe or needs to be repaired. There is no official “grace period” for the payment of rents in the law. Leases usually stipulate that if the rent is not paid by the 5, a late fee will be due. Since the late fees themselves are illegal, the threat of an illegal act on a certain date does not help the case of the owner. Functionally, the law provides for a kind of grace period. If the rent is due first, the landlord cannot give you 3 days notice to pay the rent or cancel it before the 2nd. Der 2. is the “zero” day of the 3-day notice period, so the last day this 3-day notice period must be paid and completed is the 5th of the month.
It would still be early. The interest lost on this money is nothing compared to the hassle you save and the tactical advantage you create for yourself at a time when you need it. Indicate the actual amount of rent the tenant paid you for the year in Schedule E of Form 1040. As an additional precaution, you can sublet the device to another person. This can cause problems as management may prohibit subletting. However, since they are required to mitigate the damage, how do they justify evicting a paying subtenant? You get the empty unit, but you can`t claim that they minimized their losses in terms of rental period. They shoot themselves in the foot. Sometimes the subtenant takes over the place and signs a new lease. The 1962 Civil Code also requires a 3-day notice period to identify the name, address, telephone and available hours of the person to be paid [or bank details] and the method of payment. Most homeowners know nothing about this new law and use their old forms that do not include this information.
What happens if they don`t? will be the next issue the courts decide: either the termination is not good because it lacks that information, or the missing information is only significant if the tenant tried to pay the rent but didn`t know where or how. .