Accepting partial rent in Baltimore, Maryland

[Sebastian Taylor]

Hi,

I searched this forum but could not find an answer to my question.

I want to give tenants only one option to pay - to my bank account. I want them to either transfer money from their bank to my bank, or appear in my bank's branch in person and deposit whatever they have. I don't want to accept cash, money orders, checks of any kind. This way, if the bank is open, I get my money, if the bank is closed, I can wait till it opens next day.

The issue is this: tenants can deposit partial amount, or even $1.00 to my account, and if the eviction is in progress, it may be stalled or restarted from scratch. This is what I learned from this forum.

My question: How do you, landlords in Baltimore, accept rent payments direct to your bank account? Do you accept partial payments? Is there a way to decline partial payments, or somehow not accept them?

[Russell Brazil]

I'm not sure about the partial payments.....but....

Why limit the ways your tenants can pay you? As a typical rule of business, you typically increase your client/customer base by increasing the forms of payment you accept. I want to take as many forms of payment as I can so my tenants don't have any excuse. A simple excuse I see them giving in your case is they don't have time to go to the bank.