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What do you do when a tenant dies in your property?
I own a property which has been let for the past 20 months. I had an ideal tenant - paid on time every month and kept the property in excellent condition.
Last Monday, I had a call from his ex-wife saying that he had sadly died on the weekend. He had been poorly for some time, so it was not a huge shock.
Our problem now is knowing how we deal with the tenancy - do they have to give me 1 month's notice or does the tenancy end immediately? The deposit is in the protection scheme - does this now become part of the estate and cannot be released until probate granted? I'm obviously in a position now where I'll have to pay the mortgage this month, but should I still be entitled to one last month's rent as their notice?
Sorry if this sounds harsh on my part, but I need to know my position financially.
Thanks in advance
Last Monday, I had a call from his ex-wife saying that he had sadly died on the weekend. He had been poorly for some time, so it was not a huge shock.
Our problem now is knowing how we deal with the tenancy - do they have to give me 1 month's notice or does the tenancy end immediately? The deposit is in the protection scheme - does this now become part of the estate and cannot be released until probate granted? I'm obviously in a position now where I'll have to pay the mortgage this month, but should I still be entitled to one last month's rent as their notice?
Sorry if this sounds harsh on my part, but I need to know my position financially.
Thanks in advance
Answers
Best Answer
No best answer has yet been selected by humpy07. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.I think the contract ended with his death & that you have no right to any rent payment that was due after his death. Whether you have any right to keep any of the deposit probably depends on whether there were any dilapidations which will incur you in cost & which the tenant was responsible for. The deposit organisation might be able to advise you more.
However, you really ought to get a solicitor's advice on what the position is before you re-let.
However, you really ought to get a solicitor's advice on what the position is before you re-let.
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