Updated almost 8 years ago on . Most recent reply
Accepting partial rent payments
I have a late paying renter in a turnkey property in Memphis,TN. The management company is accepting partial rent payments from the tenant. I know in California if a landlord accepts partial rent, that may have a negative affect on eviction proceedings in the future. Is this the same in Tennessee?
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James Wise
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Doesn't work that way. You need to wait until the following month to serve the tenant a 3 day if you accept a partial payment.
Ex: Jan rent is $700. You accept a payment of $350 on Jan 5th. You cannot evict in Jan. You need to wait until Feb.