An eviction is the forceful exiting of tenants because of an issued notice by the property owner. Property owners can issue eviction notices for a number of reasons, and not all eviction notices actually result in an eviction.
An eviction is the final, irreversible action whereas eviction notices can sometimes serve as a warning with a request for action prior to an impending eviction.
Evictions are not very common but are perhaps less rare than you realize. Tenants can be evicted for a number of reasons including nonpayment of rent, violation of lease guidelines and involvement in criminal activity.
Rising rent costs likely contribute to the prominence of evictions as that's one of the most heard-of reasons for an eviction to take place.
Among renters, the word eviction is heard as a sort of worst-case scenario for renters. As such, there's some misinformation that gets spread in fear.
An eviction will remain on your credit history for a period of seven years or until it's removed by the party who placed it there. With an eviction on your record, renting does become more difficult. But it's not impossible to find a comfortable, safe home after an eviction. Many landlords, especially unaffiliated landlords, can rent to anyone at their own discretion, regardless of any existing evictions.
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