Take off the party hat 🥳😔The recent decision by the Federal Reserve has sparked widespread enthusiasm across markets.

If you simply ask the tenant to resign the lease and then there were issues I could see them claiming deception to coerce a lease signing, so at minimum I'd likely shar with them there was a recent court ruling and you need to revise to make your lease legal.That said even if your lease is void I believe the tenancy would be governed by State law.

@Raghavendra Jakkani wanted to add that some states, source of income is protected so you can’t exclude income sources that may come from child support, government assistance etc.

Interesting point about bailouts and government support.

Perfect example Oregon ( Hillsboro tech Hud) got a massive amount of Chips Federal Grants as Chips are seen as a National need ( dont want to rely on Taiwan)  Intel is largest employer in state . the city of Hillsboro identified 1700 acres to bring in to ensure future high Tech growth ( got to have the land)  the no growthers and farmers and newspapers scream we cant have sprawl U cant do this.. we have plenty of land already in the Urban Growth areas.. while thats true very few parcels are over 40 acres in size.

It’s just 7 miles from the beach, 2 miles from a large new hospital and medical campus, and within 2 miles of the county government offices.

Only threat is that interest rates go up instead of down; however, the federal reserve has been very clear about rates going down and have already started lowering rates. 

The response of the government was to REQUIRE property owners to continue to provide housing ,eating minimum standards, even as they were losing money.  

Who governs the bank and what would they do about that bank president who knowingly did this is more of what I’m looking to research.

Happy tenants are more likely to renew leases, reducing turnover costs and vacancies.Legal Compliance: Property managers ensure compliance with local, state, and federal laws, including regulations on rent control, fair housing, tenant rights, and eviction procedures.