How is Rent Credited?
Rent is credited to the longest outstanding balance first. If you have an outstanding balance of $150 on the last day of the month and pay your normal rent for the following month the next day, your payment will be credited toward the $150 delinquency first before being credited toward the following month’s rent. If you do not ‘catch up’ on this outstanding balance, your account will be subject to Late Fees each month.
When is Rent Due?
Rent is due the day your Lease begins for your 1st month’s rent. All other months, rent is due on the 1st of the month.
How can I pay my Rent?
When are Late Fees charged?
Rent is always due on the 1st of every month, and is considered late anytime after the 1st. ‘Slow Mail’ and ‘Weather’ do not qualify as exceptions. If the rental payment is not received by the 5th of the month at 5PM, a Late Fee will be assessed against you.
What happens if I do not pay my rent?
If the rental payment is not received by the 5th of the month at 5PM, a Late Fee, as specified on page 1 of your lease, of 10% of the monthly rent, or 10% of the unpaid balance, whichever is less, will be assessed against you. You will also receive a letter notifying you that you are in breach of your lease and payment must be made promptly. If you do not make payment in a timely manner then we will file an Unlawful Detainer or Warrant-in-Debt against you in the local court of jurisdiction in order to collect the debt due.
Signing up for auto pay online keeps you from having to remember one more thing to do every month!
What happens if I do not pay my last month’s rent?
You will be responsible for the late fee associated with the non-payment and be subject to the Warrant-in-Debt/Unlawful Detainer process if your account has an outstanding balance after all amounts due are processed.
What happens if my check is returned?
We will notify you and expect immediate payment. Additionally, you will be charged with a NSF Check Fee and a $250 Civil Recovery Fee, as well as, a late fee if applicable.
What is an Unlawful Detainer filing?
An Unlawful Detainer filing is the second step in the eviction process and should be taken Very seriously. A decision in favor of the Plaintiff (landlord) can stay on your record for 10 years and might make it difficult to obtain future housing and credit. An Unlawful Detainer filing is also expensive and will be the responsibility of the resident.