Updated over 8 years ago on . Most recent reply
When can I start billing back water/sewer bills?
Hello BP!
I'm going to be closing on a property perhaps next month. The property in question does not have water sub-meters, but I'll install them soon after closing. Currently the owner is paying for the water and sewer bills for the entire property (including the tenants). Most of the tenants are on a year lease. My goal is to install the sub-meters and start billing back the water and sewer bills to the tenant as soon as possible.
My question is: after closing when can I start billing the water and sewer bills back to the tenants? Right away? 30 days? 60 days? 90 days?
I appreciate the insight!