The Rent Collector

Product Information

OpenRent will provide support if a tenant fails to meet their obligations, as well as give you a clear dashboard and history for all rent payments to make sure you don't miss anything. details of the management information required for Management and the Board to provide them with details of performance of the association in relation to rent collection. Create a late-fee waiver policy if you want to provide waivers from time to time, and then apply it equally to all tenants. Protected rent debt covered by a judgement given in favour of the landlord before 24 March 2022, on a claim which was issued on or after 10 November 2021, may be considered in the arbitration process if it is unpaid.

The Rent Collector by Camron Wright | Goodreads

When calculating the tenant’s period of occupation, does it matter what time of day occupation started or ended? effective communication and information links are maintained between rent collection management and other related services e. a. transparency and collaboration: landlords and tenants have a mutual interest in business continuity that reaches far beyond the extent of this pandemic. Housing Associations may also find it helpful to look at good practice examples in all areas of rent collection and tenant services. Landlords may not present a winding up petition – including in the Scottish courts – during the moratorium period on the ground that the tenant company or LLP which owes protected rent debt is unable to pay its debts, unless the tenant also owes the landlord a debt which is not a protected rent debt.

Therefore, in all dealings with each other, in relation to this Code and the COVID-19 pandemic, they should act reasonably, transparently and in good faith.

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The first target will be for Technical arrears relating to Housing Benefit payments directly from Northern Ireland Housing Executive (NIHE) and the second target for Non-technical arrears. The legal position remains that tenants are liable for covenants and payment obligations contracted under the lease, unless this is renegotiated by agreement with landlords, or some relief is given as a result of the arbitration process explained within Part Two of this Code. At the very minimum the tenant should provide at least the previous year’s full bank account information, including savings accounts, current accounts and loan accounts. Although the risks of rent payment fraud decrease when you use a secure platform for rent collection, you may encounter a few challenges from time to time.If, for whatever reason, your tenant stops paying, we have legal partners who will be happy to help. A small business tenant should not be expected to supply a large volume of documentation or complex financial analysis. Landlords do not necessarily have to provide evidence of their solvency unless the landlord’s case is that the tenant’s proposal would affect its solvency, in which case, the landlord should provide evidence to back this up. The parties may agree an extension to that 28-day time limit, or the arbitrator can extend if that would be reasonable in all the circumstances. Having already assessed whether the tenant’s business is or would be viable at Stage 2 of the process, the focus here at Stage 3 is on the extent to which a tenant can pay a protected rent debt considering, on the one hand, the viability of the tenant’s business, and on the other hand, the solvency of the landlord – so a balance between the parties is achieved.