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Can a tenant stop paying rent if I don’t make my mortgage payments?

Legally, the tenant is obligated to pay the rent through the term of the rental agreement. Additionally, while our management agreement is still in effect, it is our responsibility to continue to pursue that rent on the property owner’s behalf. However, it is possible that a tenant will falsely believe that because the mortgage is not being paid, they are no longer required to pay rent. Therefore, we do have a foreclosure clause in our management agreement so that all parties understand their responsibilities and how Real Property Management Hampton Roads will handle the issue. Although we are completely prepared for such an event, we sincerely hope that never becomes an issue. If it does, please be sure to contact us so that we can explore some of your options.

Boxes for a Tenant Who is Moving into Your Virginia Beach Rental Property

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The Neighborly Done Right Promise

The Neighborly Done Right Promise ® delivered by Real Property Management, a proud Neighborly company

When it comes to finding the right property manager for your investment property, you want to know that they stand behind their work and get the job done right – the first time. At Real Property Management we have the expertise, technology, and systems to manage your property the right way. We work hard to optimize your return on investment while preserving your asset and giving you peace of mind. Our highly trained and skilled team works hard so you can be sure your property's management will be Done Right.

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