When I started at a property, there were many residents that continued to pay late. We made payment arrangements with them to get caught up and then let them know moving forward, they must pay on time. If you have Blue Moon, there is an Eviction Hold Off Agreement that you can use. Here is a letter I found on my computer I used along with the EHO when I set up arrangements:
TAA lease contract between
and
for address
dated
expiring
.
This serves as advance agreement that we will no longer accept late payments for your rent after
. You agree late payment arrangements for
have been made but any late rent thereafter will not be accepted by
and will be considered grounds for termination.
Per the TAA lease dated
in paragraph 6, resident has signed an agreement that ‘you (resident) must pay your rent on or before the 1st day of each month (due date). There is no grace period.’ The contract further states, ‘If (resident) you don’t pay all rent on or before the 3rd day of the month, you’ll pay an initial late charge of
, plus a daily late charge of
per day after that date until rent is paid in full.’ ‘If you don’t pay rent on time, you’ll be in default and subject to all remedies under state law and this Lease.’
Details of resident’s payment history:
(I listed each month and followed with their payment date for the month)
Please sign below in agreement