Rent
is due on the 1st of the month. Rent
is late if not received in full by midnight on the
5th of the month. A five (5) day notice to pay or
quit will be mailed on the 6th of the month. If
the rent is not received by the 11th of the month,
eviction proceedings will be initiated if the Property
has not been vacated. Acceptance of partial payment
by Mark-It Properties does not waive the notice
to pay or quit or the right of eviction.
Rent
may be paid by Cashier Check, Certified Check, Money
Order, or Personal Check made payable to Mark-It
Properties and mailed to:
Mark-It
Properties
516D River Highway #251
Mooresville, NC 28117
For
rent that is received late, the tenant shall be
charged (as allowed by North Carolina Law) a Late
Payment Fee of $15 or 5% of one month's rent which
ever is greater. The Late Fee is due along with
the current month's rent.
If
a personal check is returned by the bank for insufficient
funds, the tenant shall be charged (as allowed by
North Carolina Law) a Returned Check Fee of $20.
The Return Check Fee is due along with the current
month's rent. Also, all rent payments starting with
the current month's rent must be paid by Cashier
Check, Certified Check, or Money Order. Personal
Checks will no longer be accepted.