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Updated over 8 years ago on . Most recent reply

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Daniel Barnes
  • Investor
  • Rockwood, TN
1
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5
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Problems with partial payments.

Daniel Barnes
  • Investor
  • Rockwood, TN
Posted

Here's the problem I'm having with a lot of my tenants. Many of them come rent due date like to pay $300 here and then $100 there maybe a week later and then when I really get on them $50 more  later. The way they pay is by taking there payments with a filled out deposit slip to my bank and deposit funds. I do enforce late charges and Pay or quit notices on those that don't pay. My question is, can I enforce a Pay or quit notice when they have partial paid to get the full amount? If  not how do I stop them from putting partial payments in my account? I'm in Tennessee and really not sure what the laws are on this. Any direction would really be appreciated. 

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2,624
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Kim Meredith Hampton
  • Real Estate Broker
  • St Petersburg
2,112
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2,624
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Kim Meredith Hampton
  • Real Estate Broker
  • St Petersburg
Replied

Not sure of the laws in your area, but sometimes you can't evict on partial payments.

You are setting up a bad precedent with allowing people to make partial payments. Some judges would frown on that it you tried to move forward with an eviction since you allied this is the past. 

Just don't accept their rent unless the have the full amount

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