When is my rent due? What does my lease say?

Rent is due on the 1st of every month and considered late after midnight on the 5th. A $100 late fee is applied. Rent + Late Fee needs to be paid in full before the 15th of the month to avoid additional fees and court action.

You can email your team color (Blue, Purple or Green) to let them know if you will be late on rent.

Lease Agreement 1.4 Rent:

(a) Amount: Rent of $ __________  (hereafter the “Current Rent”) , along with the Resident Benefits Package is payable monthly in advance and is due the first of each month prior to midnight or it is considered “late.” Rent start date has been established in stipulation 2(a) by agreement between the parties and may be different than the move-in date. 

(b) Late Charge: If rent is not in Management’s office by midnight on the fifth, Resident agrees to pay a late fee in the form of additional rent of $100.00 . Payments sent via the US mail are done so at the sender’s own risk. Rents will be considered unpaid until actually received by Management. 

(c) Rent Payments: You are welcome to use checks to pay the rent but there may be a check processing fee. If rent is late, or your bank, for any reason, refuses any payment, said payment and fees must be made by certified funds. If any payment is returned, Resident agrees to pay a $50.00 fee (plus the late charge) as described above. Management may, upon 15 day written notice, require certified funds for any reason.

(d) Allocation of Payments: All funds received from Resident shall first be applied to the oldest outstanding charge on the ledger, then rent.

(e) Prohibition against Withholding Rent for Repairs: The Resident is prohibited from making any repairs/renovations to the home without the express written consent of Management. In the event the Resident chooses to make any repairs/maintenance to the Property, with or without the consent of Management, Resident shall not under any circumstance deduct the sums of those repairs from any rents or fees due to Management.