It is common for us to believe that with a simple a contract entered into by individuals to lease our property will ensure payment compliance and that once the term has expired, the tenant will vacate it, leaving it in the conditions it was initially received. This will be ideal.
But what ensures that this will actually happen?
Let me explain a little
A contract does not have judicial validity, that is, in the event that you fail to comply with it’s conditions, demanding that a judge to enforce it or evict your tenant will take more than a year and a half, coupled with a heavy investment in lawyers and nothing will ensure that the judge’s rule will favor you.
What would be even worse is that your tenant carries out illegal activities in your property and the government seizes it. In that case, proving your innocence and recovering your property will cost you even more money.
The way to secure your tenancy will be to jointly enter into a contract and an alternative justice agreement The contract produces rights and obligations to both parties and the agreement will provide the judicial validity you need to ensure timely payment, a peaceful vacancy under the agreed conditions because this becomes a court rule.
In the event of non-compliance, the tenant can file a suit for an early termination of the contract to recover material and legal possession of the property, to guarantee payment of obligations through seizure of the tenant’s assets, in addition to recover the property in case it is seized by the government due to illegal activities.
It is a very simple process, we have seven years of experience in this field and we can help you, contact us!