Feb 05
At my company, we have tenants on bi-weekly, weekly, and alternative pay dates because I have long known the cost to us when a renter fails.
The alternative pay date can be a legal gotcha under Fair Housing. Let’s say a renter receives Social Security Disability, and their check arrives on the 3rd of the month and you have a pay before the 1st policy that has a late fee or unrealized discount after the 1st. If the renter asks you to change their due date to the 4th so that they can receive their payment and get it to you and you refuse this “reasonable accommodation” or may be in violation of Fair Housing.