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Updated about 11 years ago on . Most recent reply

User Stats

242
Posts
61
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John K.
  • Investor
  • Madison, WI
61
Votes |
242
Posts

Tenant keeps overpaying by $2

John K.
  • Investor
  • Madison, WI
Posted

This one is a puzzler. So I have a tenant who is overpaying by $2/month. The tenant receives a weird amount (for round numbers for this example), lets say 101 dollars from housing assistance, and then also mails a check for 101 when the rent is 200, so a over payment of $2.

A few months back I sent a letter explaining the over payment, and that tenants should apply a $2 credit towards the next payment, and then I showed the math for the correct amount.

At this point, the tenant has about a $6 balance after months of over payments. Should I just wait until the tenant moves out at this point and add it to the security deposit when it is returned as a "Credit for over payment of rent"?

Most Popular Reply

User Stats

866
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487
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Duncan Taylor
  • Real Estate Investor
487
Votes |
866
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Duncan Taylor
  • Real Estate Investor
Replied

@Darren Sager

So, instead of learning how to correctly and legally handle an overpayment from a tenant you want to charge the tenant, magically, the amount of the overpayment to tell them they overpaid.

That is disgusting.

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