The landlord is obliged to formally notify the tenant and give them 30 days to rectify the situation. If the non-compliance persists, the landlord must terminate the tenancy agreement, proceed with a court-ordered eviction within 15 days, where necessary, and re-let the property. The same applies if the tenant moves out or dies: the landlord must find a new tenant within the timeframe specified in the contract. These situations may delay or reduce payments to investors.
