All rent payments are due and are collected on the first day of every month. ACH / EFT rent debits are posted automatically each month as required in your lease agreement. If your automatic debit is returned by the bank or not received in our office by the first of the month, your rent will be marked as “Late” and we will send you a notification. If rent is not received by the 5th of the month, late fees will apply. For ACH / EFT returns, an NSF fee will be applied to your account. We will make a second attempt to debit your account on the 5th of the month to avoid a late fee. All late payments will become part of your rental record. This can follow you when you move to a new property or purchase a property. If your payment is late, you should contact us right away, since eviction process can begin at any time. Tenants will be held responsible for eviction, court filing, attorney, and collection costs resulting from late payments. A late fee of 10% if rent paid after the 5th and eviction process started after the 15th.
