Rent & Late Fees
Residents have until the 3rd to pay without a late fee.
As soon as the 4th hits the tenant is charged a $30 late fee plus $10 every day until the balance has been paid in FULL.
On the 15th, make sure you go through every unit and check to see when they paid.
(Those who paid online after the 3rd make sure you add late fees)
Those who still have a balance on the 15th add the $140 late fee to their transaction history.
$140 is the maximum amount we can charge for late fees.
Accepted Forms of Payment and Fees that were Associated.
This is because in the case of any business, handling money specifically cash, checks, and money orders, implies a risk.
The risk that it can be lost, or misplaced. By taking these forms of payments out of the way we reduce this risk.*
*If a lease contract has not been signed then no form of money can be accepted*