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Updated almost 2 years ago,
Tenant lease expires March 31.I am not renewing his lease. To Refuse rent on Zelle?
5 day notice was given to tenant by processor , on this Saturday. Tenant paid the March rent on Sunday.
I want to refuse rent from April onwards to make him a holdover tenant.. Will I need to notify Tenant, that rent starting April will be refused because the lease ends on March 31, 2023? Since he pays by Zelle, I have two options of not accepting rent. Please tell me which option do you recommend.
1. I can change my Zelle profile information i.e.,my phone number and email address listed in Zelle and used by all tenants to send rent. Then I will notify changed Zelle profile phone number/email address to all other tenants except this tenant. That way he cannot pay while others can.
2. I keep my Zelle information to be the same. If tenant still sends April rent by Zelle despite of telling him that rent will not be accepted starting April, I can refund his future rent money to him by Zelle the same way that he sends rent to me. This option helps me more because I donot have to notify other tenants (about 20 of them.)
I am willing and happy to take any of these two options so that he becomes a holdover tenant and can be evicted.
Zelle has no option to block one particular tenant from paying rent.
Please advise on this.
Thanks