Evictions | The Real Estate Mavericks

Late Fees and Income Distribution

Late fees are assessed in accordance with the lease beginning on the 6th day of each month.
Late fee income is split 50/50 between the broker and the owner, as outlined in the management agreement.

Default Notices

Default notices are issued on the 6th day of each month, or the next business day if the 6th falls on a weekend or holiday.
14-day notices are issued for tenants on fixed-term leases.
30-day notices are issued for month-to-month tenants.

Eviction Process

Following the applicable notice period, eviction documentation is submitted to our attorney when warranted.
Eviction proceedings are typically withheld if a tenant has paid a substantial portion of the balance due, unless otherwise directed by the owner.
All eviction actions are handled in accordance with state and local laws and subject to attorney review.

Attorney and Courthouse Fees

Attorney fees and court costs are the responsibility of the owner at the time of filing and are pursued for reimbursement from the tenant when legally permissible.
An Eviction Court Fee may be charged per filing as outlined in the management agreement.