Bookkeeping - Tenant

Each month the Tenant will receive an invoice/receipt on the Homeowner’s behalf. This invoice/receipt will be emailed (possibly mailed) once the Homeowner has received payment.

The Tenant will be set up to deposit the rent and any other monies directly into the Homeowner’s account using a “deposit only” card. The Rule Team can track this activity or rely on the homeowner to relay the activity to us. If another payment method is agreed upon, we will still keep tabs on receipt of funds.

The invoice/receipt will included the following information:

· Rent Collection due date

· Deposit of Rent Date

· Receipt of previous rent paid

· Past due payments

· Any penalties associated with late payments