ACH Payment requirement by landlord ???????????????
Most landlords require ACH payment on the lease, but is it absolutely required or I can just send checks?
[{"id": "hwiwvq4", "text": "Often they don't like messing with checks.\n\nACH means auto-payment (no chance of late payment), and gives you an easy record.\n\nEspecially for CRE.", "replies": [], "depth": 1}, {"id": "hwixefi", "text": "Just make sure it's there on time. No I mailed it on the 1st, no blaming the USPS, no come pick it up. Make their life easy and they'll make yours,", "replies": [], "depth": 1}, {"id": "hwj34vy", "text": "Entirely dependent on the lease agreement you signed.", "replies": [], "depth": 1}, {"id": "hwjabni", "text": "it's fucken 2022.\n\nAin't nobody got time for checks.\n\nFurthermore, as a landlord...having auto-payments setup for the tenants significantly increases on-time payments for rent compared otherwise to manual payments.", "replies": [{"id": "hwl49z1", "text": "Back in the f'n early 2000's I worked for a retailer that insisted on paying rent via ACH.  We didn't want to mess with checks or mail delays.", "replies": [], "depth": 2}], "depth": 1}, {"id": "hwjeia7", "text": "Why in the hell do you want that kind of risk.", "replies": [{"id": "hwl3xql", "text": "How is it a risk?  The LL is not able to auto draft the tenant's account, it's a matter of the tenants sending the payment electronically.", "replies": [{"id": "hwlajy2", "text": "Cheques are a huge risk, not ACH\n Sorry wasn't clear", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "hwjh3ix", "text": "If it\u2019s not required in the lease then they should not be able to require it after the fact.   However, ACH does not mean auto-debit (where landlord pulls the rent from tenants account), it is often a push transfer initiated by the tenant (like online bill pay).   If it is a push there is no reason not to agree to it as it is likely more convenient for you with more certainty.   \n\nWe have been trying to get our tenants to pay via ACH (push transfer initiated by tenant) for the last few years as USPS has slowed down to a trickle.  So many tenants who historically wrote rent checks on the first of the month are getting hit with late fees as they now show up on the 10th or 15th (if they show up at all).   We only require auto-debit (a pull from tenants account) when there has been a history of non-payment, and usually as part of a settlement agreement.", "replies": [], "depth": 1}]