Your Guide to Debt and BankruptcyYour Guide to Debt and Bankruptcy

About Me

Your Guide to Debt and Bankruptcy

About 10 years ago, I secured my dream job with one of the largest corporations in the country. The job came with a substantial increase in pay and I soon looked for a large house for my family. After living the life I dreamed of, I was let go from my current position. I had a large amount of savings, but the economy took a turn for the worse and savings were quickly drained. I soon became stressed about finances. I could not pay the mortgage and bill collectors started to call my house. I refused to be defeated though, so I met with a bankruptcy attorney instead. I live a much simpler life now with my family, and I want you to know that financial stress does not have to affect you for years. Read my blog to learn about bankruptcy, debt laws, and how to hire an attorney.

4 Reasons A Property Renter May Need A Real Estate Lawyer

If you are renting an apartment or home, you should know your legal rights. There are instances that may come up which may require you to seek legal advice. If you run into problems with your landlord, you may need to take legal action against this individual. Knowing some of the most common reasons that you may need a lawyer may come in handy if you're a tenant.

Reason #1: You've been evicted

Being asked to leave the rental property is less than ideal. This can be a stressful time for you and could cause you undue anxiety. There are specific reasons that must be legally provided if you are asked to leave the rental property.

Listed below are things that could lead to your eviction:

1.  You fail to pay the rent in a timely manner.

2.  You cause damage to the rental property voluntarily.

3.  You don't report needed repairs to the landlord.

4.  You are practicing illegal activity on the premises.

Reason #2: You've been injured

Did you recently fall off the porch because it wasn't properly enclosed? What about a hole in the floor that caused a slip and fall accident? If you have been injured in any way due to the negligence of the landlord, you may need to pursue legal action.

Reason #3:  Your contract has been breached

If your landlord doesn't uphold his end of the deal and fulfills all of the obligations that are listed on the rental contract, you may need to hire an attorney. For instance, if you are asked to leave the property before the end of the lease and haven't broken any of the terms and conditions listed, you may need a lawyer.

Reason #4: You didn't get your security deposit back

It's typical when you enter a rental agreement that you will need to put down a security deposit. This will help ensure the property is held for you. Additionally, if there is any damage done while you're living on the property, this money will be put towards this expense.

However, if you have left the rental unit in good condition and still haven't received your security deposit back, you may need to pursue legal action.

Finally, being able to rely on the expertise of a real estate attorney is crucial when faced with an unwanted issue as the tenant. Be sure to get professional advice when needed. Talk to professionals like Valentine & Valentine PC for more information.