What happens when the tenant doesnt pay rent on time?
If rent is not received in our office by the 6th (or 21st, lease dependant) of the month, the tenant is called immediately and late charges are assessed. If we still do not receive rent by the 10th (or the 25th), we can serve the tenant with a three-day notice to pay or vacate. In the event rent is still not paid, legal action will begin at owners expense.
