General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago,
Question:Sue tenant for unpaid balance
I had a tenant who requested an early termination of the lease last year. I agreed since she was owing me two months rent. I asked her to sign an agreement of early termination and paid all the remaining balance minus deposit by 3/31/2020 or I will reach out to collection company. Now 3/31/2020 is approaching but the tenant has not paid anything yet. The total due is about $3,000 including repairs, rent and unpaid bills. I don't have the tenant's current address. Is there a way to sue the tenant? Is it worth the effort to do so? My rental property is in Newark, DE.
I need some suggestions. Thanks.