Marchant Property Management Blog

Important and great question! When is rent due?

At Marchant Property Management, rent is due on the 1^st of each month.

Often times, you may move in on a date that is not the 1^st of the month.

For example, you may move in on January 15^th and pay a pro-rated amount of rent from January 15^th to January 31^st.

The following month, February your rent will be due on the 1^st for the remainder of your lease term.

Late fees are added to your ledger on the 6^th of the month and are 10% of your rent amount.

Evictions are filed on the 11^th of the month.

Remember! Rent is due on the 1^st!