RENT Magazine Q1'26

What begins as a single missed rent payment can quickly turn into a complex and emotionally charged situation with financial and legal consequences. While delinquency never feels routine, the way a landlord responds can make the difference between a manageable setback and months of lost revenue. The following five mistakes can quietly undermine even the most diligent property owner. MISTAKES LANDLORDS MAKE WHILE HANDLING DELINQUENT TENANTS TOP 5

MISTAKE #1 WAITING TOO LONG TO ACT

HOPING THE TENANT WILL “CATCH UP NEXT MONTH” AND DELAYING NOTICES OR COMMUNICATION.

Delays weaken your legal position and increase financial loss. You may think that waiting shows goodwill. In reality, delays weaken your legal standing because notice periods and procedural requirements begin only when official notices are served. The instinct to be patient is understandable, but delaying communication or waiting to send a required notice often results in larger losses. For example, a landlord who waits several weeks before making contact may discover the tenant has already lost a job or moved out without notice, leaving little chance of recovery. Why it’s a problem

• Contact the tenant immediately after a missed payment. • Send required late notices or pay-or-quit notices on time based on local laws. DO INSTEAD

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