What happens if my tenant falls behind with their rent?

The Lease should clarify the obligations around rent payment and what action can be taken if the tenant has not met their obligations. As a general rule, it is best practice to issue a breach notice to allow the tenant the opportunity to remedy the breach (overdue rent), before you consider taking more formal action, such as a lockout and termination of lease. It is prudent to engage with a specialist Property Management firm or your solicitor for further advice.