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Paying Rent and Accepting Partial Payments, Non-Waiver Agreements

By
Services for Real Estate Pros with The Law Office of Mark Tucker

Tenants must pay their rent in full and on time. Inability to pay rent because of job loss, financial hardship, or medical problems will not stop an eviction. If a tenant is having a problem paying rent on time, and try talking with the landlord first. The landlord may be willing to work with the tenant regarding payments; however, the tenant is still responsible for paying all of the rent owed. The landlord is not required to give a tenant more time or make special payment arrangements with the tenant in the case of financial hardship. Practice tip: A landlord does not have to accept a partial payment of rent. But if a landlord accepts payment in part or in full after he has given the tenant a notice of nonpayment or a notice of any other kind of lease breach, he cannot evict the tenant unless the tenant also signs a document that states that he can still evict the tenant for violations of the lease spelled out in the form of a partial payment agreement. If the landlord does not have the tenant sign this document, then he loses his right to evict the tenant for that breach of the lease.

Vickie McCartney
Maverick Realty - Owensboro, KY
Broker, Real Estate Agent Owensboro KY

Hi Mark~  I need to pass this onto a friend of mine that has just started doing rentals!  This information may just come in handy!

Jan 17, 2011 03:51 PM
Rob D. Shepherd
RETIRED - Florence, OR
RETIRED

I have rentals and I don't except late pays, partial pays or excuses because I am NOT your last landlord.

Jan 17, 2011 04:07 PM
Maureen Fukumoto
Help-U-Sell Realty Pro - Mililani, HI
Maureen

Interesting, I'd never heard that before. I appreciate the tip.

Jan 17, 2011 05:23 PM
Dan Edward Phillips
Dan Edward Phillips - Eureka, CA
Realtor and Broker/Owner

Good Morning Mark, thanks for posting the interesting input on rentals!

Jan 17, 2011 09:13 PM