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Updated over 9 years ago,
Accepting Rent Payment from two Roommates - Question
Hi,
I am renting a townhouse to two individuals (an unmarried couple). Both of their names are on the lease.
One roommate has set up auto payment via our banks. She submits her half of the rent; I get a notification and "accept" payment. This is the first month she has done this.
The other roommate is sending a paper check.
My concern is that if I accept the electronic payment and then the other person does not pay or is late... if I have to go through the eviction process or charg a late fee... it could get tricky, right?
My question is, should I simply not "accept" until I get the papercheck. Because it's cleaner to accept full rather than partial payment? or does it not matter.
Thoughts?
Thank you in advance!
LJ