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Updated almost 4 years ago,
Unloading payment handling from PMs
Hi everyone,
I would like one of my lease terms to stipulate automatic payment one day after the renter's paycheck date, direct to an account managed by me. Would most property managers accept a term like this? If not, what is the concern?
PS: In case of a bad payment, reported by me within a tight window, there would be a clause to allow the PM to manually pursue payment from the renter.