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Understanding Fair Notice Periods: A Landlord's Guide to Smooth Evictions

Property Management Inc.

This period is the time you're legally required to give your tenant before filing for an eviction case. It allows tenants the opportunity to pay rent, correct lease violations, or leave voluntarily before the situation escalates. Some properties require a 60-day notice, as specified in state-specific agreements.

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“Wildfires, Insurance & Mortgages: Will Your Home Survive the Financial Aftermath?”

Esquire Property Management Group

In the event of a total losswhen the property is destroyed beyond repairthe lender may utilize the insurance proceeds to pay off or substantially decrease the outstanding mortgage obligation. This ensures that the lender is fully compensated even if the physical property is lost.

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