A sign advertising units for rent. (Photo by Spencer Platt/Getty Images)
At first blush, the idea that eviction is the solution for landlords when residential tenants fall behind on their rent or otherwise violate terms of a lease seems obvious.
And, indeed, in many situations, it is the only realistic path.
As new research from landlord-tenant law experts at the national Legal Services Corporation shows however, there are actually relatively few situations in which evictions end up being a win for landlords.
The study found that eviction proceedings seldom result in landlords recovering back rent and often end up costing thousands of dollars.
So, what should landlords do?
The researchers found that by working together — rather than merely as adversaries — landlords and legal aid providers can reduce financial losses, improve stability for all parties, and minimize costs and disruptions.
The bottom line: At a time in which so many renters are cost-burdened, there is no magic solution. But data show that, often, landlords can achieve better results for everyone by thinking outside of the box.
For NC Newsline, I’m Rob Schofield
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