TENANT POLICIES

 

Payments

Rent is payable on or before the 1st of each month. Rent is to be paid in Money order form only. Checks and cash will not be accepted. Make money orders out to Drude Rental Management. 

 

Late Payments/Fees

If the rent is paid after the 3rd day of the month you will be charged a late fee of $5.00/day dating back to the 2nd of the month and thereafter, accruing at an additional $5.00/day until the balance is paid in full. On the 5th day of the month an additional charge of $10.00 for processing an eviction notice will be added to the rent balance due. You must pay rent before the 20th of the month. On the 20th of each month evictions will be filed with the appropriate court system and a fee of $200.00 will be added to the rent balance due. 

 

Application

Each person 18 or older that will be living in the property must fill out a credit application. The cost is $20.00 per applicant. After your credit has been approved (usually overnight), an appointment can be set up to give you a tour of the properties of your choosing. Your application is good for 3 months. 

 

 

 

 

 

Deposit

You can put a deposit down on any property after you have toured it. This deposit will hold the property for up to 10 days. After the 3rd day that you have paid your deposit, it becomes nonrefundable. Deposits are the same amount as the rent. 

 

Deposits and Rent are to be paid in separate cashier check or money order only.