TOPIC #5 Rent Collection
Q. What happens when the rent payment is late from the tenant?
A. If the rent is late, a late fee is applied. Five days after the rent is deemed late. 77th Meridian, with agreement from the Owner, proceeds to rent court for Non Payment of Rent.
Q. What happens if we need to go to rent court?
A. A qualified rent court agent represents 77th Meridian in court. All necessary documentation is supplied to the agent by us.
Q. Does the Owner need to appear in rent court?
A. It is not necessary for the Owner to appear in court although the Owner is not excluded from attending. At the court, the issues contested are between the management company and the tenant, not the owner.
A. If the rent is late, a late fee is applied. Five days after the rent is deemed late. 77th Meridian, with agreement from the Owner, proceeds to rent court for Non Payment of Rent.
Q. What happens if we need to go to rent court?
A. A qualified rent court agent represents 77th Meridian in court. All necessary documentation is supplied to the agent by us.
Q. Does the Owner need to appear in rent court?
A. It is not necessary for the Owner to appear in court although the Owner is not excluded from attending. At the court, the issues contested are between the management company and the tenant, not the owner.