Legal & Legislation
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 2 years ago,
Can I collect past due rent after Cash for a keys agreement
I am new to real-estate investing. I have a tenant who immediately upon moving in told me she did not have money to pay the rent and applied for ERAP. She was approved and I have been paid but payment is consistently 20 days late and does not include the late payment fee. I issued a notice to quit and did not receive payment during that time. I offered her her security deposit in full to move in 30 days to avoid going to court. ERAP has since mailed a check for February rent. Can I still cash this next month if she vacates in 30 days? I know that in the future I need better screening methods, however am just trying to figure out the proper solution out of this lease for now.