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documents:manual:finance [2024/08/13 17:36 UTC]
russrodnick [Due Dates, Late Fees, and Financial Standing]
documents:manual:finance [2025/01/16 00:53 UTC] (current)
rainbowbugjar [Payment Plans]
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   * Debts covered by a payment plan shall not accrue any new late fees.   * Debts covered by a payment plan shall not accrue any new late fees.
   * Scheduled payments made as part of an ongoing payment plan are **in addition**  to the resident's monthly rent.   * Scheduled payments made as part of an ongoing payment plan are **in addition**  to the resident's monthly rent.
-  * Residents are expected to make payments in full and by the exact date as outlined in the signed payment plan. Failure to do so shall be considered a violation of the payment plan agreement and a notice to vacate shall be issued.+  * Residents are expected to make payments in full and by the exact date as outlined in the signed payment plan. Failure to do so shall be considered a violation of the payment plan agreement. Within 5 days after a missed payment on a payment plan, 14-day notice to vacate shall be issued. <sub>[[meetings/2023-08-13|HM 08-13-23]]</sub>
  
 Officers shall not be permitted to authorize, without house approval, a payment plan: Officers shall not be permitted to authorize, without house approval, a payment plan:
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   - If the payment plan would extend past the end date of a resident's lease.   - If the payment plan would extend past the end date of a resident's lease.
  
-<sub>[[meetings:archive:2015-11-15#agenda_item_1|[HM 11-15-15]]]</sub>+<sub>[[:meetings:archive:2015-11-15#agenda_item_1|[HM 11-15-15]]]</sub> 
  
 ==== Turning in Receipts ==== ==== Turning in Receipts ====
documents/manual/finance.1723570599.txt.gz · Last modified: 2024/08/13 17:36 UTC by russrodnick