Due Date – Rent is due on the first of every month. The only exception to this is that your first rent payment will be on the day you move in. The first month’s rent is not prorated, even if you move in at the middle of the month. This is because the lease is written as a total rent amount for the entire duration of the lease divided up into 12 equal payments. The first two payments just happen to fall close together. If we prorated the first month, it would make every other month more expensive. If you renew at the same location with us the subsequent lease is a full 12 months.
Grace Period – There is no grace period for rent. It is always due on the first of every month. However, we will sometimes accommodate for special situations. We will also send out a reminder that your rent is past due before we post an eviction notice. Contact Madison at Madison@universitymanors.com if you have additional questions.
Late Fee – If your rent is late, the fee is $50 per month per person.
Payment Forms – Pay online through the tenant portal by using the button above. It is free by e-check or you can pay by credit card for a small fee. Please double check you entered your account number correctly – if your payment is rejected due to an invalid account number you may be assessed a late fee.
While the online portal is highly recommended and preferred we also accept checks or money orders. We DO NOT accept cash for security purposes. If you wish to pay by check or money order please make sure to follow the instructions below.
Filling Out Your Rent Check Properly –
- Payable To? – University Manors, Ltd. is the parent company of several different companies. It is imperative that you make your check payable to your specific landlord. Please see the Landlord Chart By Address to know who to make your check payable to.
- Amount – Your total rent must be paid in full each month. Partial payment may result in a late fee. If you have any roommates, then it is your responsibility to collect rent from each of your roommates and pay your rent in ONE check or money order for anyone not paying through the online tenant portal.
- Memo – We apply rent payments by address, not by name, therefore you MUST put your apartment/house address with apartment letter or number (if applicable) in the memo of your check. Failure to do so may result in the payment being applied to the wrong account and a potential late fee.