If you’re a renter in Texas and you fail to pay your rent, your landlord may have the legal right to enter your home and take your belongings. The clause, called a landlord’s lien, is standard language in many residential leases, but it can also apply to stores and restaurants that fall behind on rent.
AMLI Residential owns and manages luxury apartment complexes around the country. Many of those developments also rent space to restaurants and retail stores. Those are the tenants Jason Ricks works with.
“My job and the way I see it is, I’m making decisions like a landlord and how it’s going to affect the bottom line,” says Ricks, AMLI’s vice president of retail asset management.
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