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Rent Collection Policy

Rent Collection & Late Fees Policy


Our rent collection policy is fair, reasonable and based on treating all tenants with respect.  We stress clear communication from the start and will provide self addressed stamped envelopes or automatic deposit feature to make it easy as possible for our tenants to get their rent to us by the due date.

 

    • Rent is due on or before the 1st of each and every month
    • Rent not received on or before the 1st is considered late
    • Late fees are charged on rent not received on or before the 3rd
    • Late rent reminders and bills for late fees are mailed &/or emailed on the 4th
    • Tenants are called on the 5th
    • Three day notices to vacate are mailed on the 8th
    • Evictions are filed on the morning of the 13th
    • Court hearings are generally set on the 17th or 18th
    • Tenant must move within five days if rent and all late fees are not paid in full prior to the court date.
    •  A collection service is used to collect any money owed by previous tenant.

 

The vast majority of our tenants pay their rent on time and count on our positive reference when they relocate or purchase their own home.

Please keep in mind that we may be required to report to future landlords and other authorities your payment history.  Such as; # of times late & days late; Checks returned; Early Termination.  The result of this report depends entirely on your payment performance – so please -- help us to help YOU!

 

Thank You!

 

 

RE/MAX of Texas | Angela Squitieri, RE/MAX Premier | 15150 Preston Rd Ste 110, Dallas, TX 75248 | (972) 991-1616 | Contact Me by E-mail