Disclaimer: I have no first hand experience as to the validity of this information.
It seems a landlord was having issues with a tenant who was late on rental payments. The landlord confronted the tenant and not being satisfied with the tenants response, the landlord told the tenant a video camera had been placed in the tenants unit and the landlord was in possession of compromising videos of the tenant.
The tenant, contacted the police and a 'sting' operation was setup where the tenant would exchange rental payment for the compromising video. As the exchange occured, the tenant handed over payment and the landlord in turn handed over a tape. The landlord was promptly arrested and charged with extortion! As it turned out, the tape was blank and no cameras had been installed in the tenants unit.
However...
This is very very big Bozo No No! Extortion is illegal and not the proper way to recover delinquent rental payments from tenants.
To excersize your legal rights as a landlord it is prudent to either allow a professional property management company to manage your rental properties or visit your local County Clerks office for information or a handbook (most county clerks have these handbooks for a small fee) on eviction procedures. You may also contact and enlist the aid of a qualified real estate attorney.
Disclaimer:
Procedures for eviction vary from state to state and by locality so make sure you verify the procedures with your county clerks office. The County Clerks office can not give you advice, but most have a handbook (usually incurs a small fee) that outlines the procedures very clearly!
The Panama City Florida Real Estate market has and continues to perform well for those investors interested in rental properties. Both the Panama City Florida residential and commercial real estate markets perform well.
Contact me today and find out how you can purchase Panama City Florida Real Estate investments!
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Jennifer Mackay
Direct: (850) 774-6582
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