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Updated almost 9 years ago on . Most recent reply

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Mike R.
  • Investor
  • PO, WA
95
Votes |
197
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Is accepting ONLY electronic rent payment illegal/discrimination?

Mike R.
  • Investor
  • PO, WA
Posted

curious if we included as part of our tenant eligibility requirements that any payments (late fees, rent, utilities, etc) made to landlord MUST be in electronic form (i.e. wired) considered discriminatory or illegal?  I haven't seen anything that suggests it is illegal/discriminatory but i have had prospective tenants claim they cannot make electronic payments (some credit unions have issues with electronic payments) and these prospects are usually in the lower income brackets.  I know, talk to a lawyer...but curious what other landlords think/have encountered.  

Personally, i don't believe the practice is illegal/discriminatory but you never know in today's anti-small business world.....

thank you for your time.

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
64,236
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43,506
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

@Matthew Paul  I rented an apartment in Portland Oregon for 9 years.. these were class A hedge fund type owned apartments.. I commuted from my home in the Napa valley and spent 9 nights a month at this apartment for all those years.

One month I forgot my check book and I had cash on me to pay the rent.. they would not accept it. Period end of discussion..

I know many PM's that do not accept cash either.  And if your a landlord you probably don't want your PM accepting cash.. too easy to lose.... swipe ... Kite etc.

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JLH Capital Partners

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