Eviction Protection Plan

The Owner will authorize the Broker in the Management Agreement to hire an Attorney and begin legal proceedings when an eviction becomes necessary. A simple uncontested Eviction can cost about $500 for Attorney’s Fees and Court Costs. Complicated legal proceedings will cost more depending on the situation. The Eviction Protection Plan is charged at $10 per month.  The $10 per month charge for EPP is waived when the Owner purchases the SureVestor ProtectionPlus Bundle for $44 per month. Services and benefits include:

  • Legal Fees and Court Costs: All attorney fees for the eviction process and expenses related to the Court filing and proceeding costs up to $1000.
  • Lock Changes: Costs for changing locks after regaining possession.
  • Notice Service: The Broker will facilitate all required legal notices.
  • Legal Action: The Broker will initiate and manage the Eviction Lawsuit in the Owner’s name.
  • Recovery of Possession: The Broker will work to recover possession of the property.
  • Debt Recovery: The Broker will pursue recovery of rents and other owed debt amounts.

Coverage that is not included by the Eviction Protection Plan:

  • Loss of Rent 
  • Tenant Malicious Damage

Actual Insurance Coverage for Eviction Legal Fees and Court Costs, Loss of Rent and Tenant Malicious Damage is available from SureVestor for $44 per month.