Rent Disbursement
Rent Disbursement
Rent Disbursement

Rental Proceed Disbursement

Early Disbursements of Rental Proceeds

Standard Rental Proceeds Disbursement Policy. It is the standard policy of 3 Options Realty to disburse monthly rental proceeds to property owners between the 15th and the 18th of the month, conditioned upon the property manager’s receipt of such funds from tenant(s). This policy is driven by the necessity under the law for the property manager to fund all shortages in the rental trust account caused by compulsory debits due to deposits of non-sufficient funds (NSF) for which a deficit balance is created on the property owner’s ledger.

Exception to Policy: If the property owner desires to receive the rental proceeds between the 6th and 8th day of each month, management will accommodate for a small monthly fee of $20 per disbursement, per property.

Contact Us to learn more about our rental proceeds disbursement policy.

Recent Blogs

How to Reduce Tenant Turnover Rates
May 31,2023
How to Reduce Tenant Turnover Rates

The most essential job for landlords and property managers is to keep residents for as long as possible. If you own a vacant rental property, you lose money, compromising your ROI. At 3 Options Realty,…

Read More
Preventing Crime on Your Rental Property
May 24,2023
Preventing Crime on Your Rental Property

As a rental property owner, security is critical for peace of mind and investment growth. Crime is common if you own real estate in an area; guaranteeing tenant safety goes a long way in setting…

Read More
Property Management Laws in Georgia
May 17,2023
Property Management Laws in Georgia

Do you own rental property in Georgia? As a landlord, you must familiarize yourself with the different property management laws before hiring a property management company. The last thing you want is to hand over…

Read More

Reviews