New Rules on Rent, Effective July 1, 2019
Dear SMART Tenants,
LET ME MAKE THIS PERFECTLY CLEAR. If you have already signed a lease prior to June 30, 2019, your terms will remain the same. Rents due on the 1st and you have until the 5th with NO LATE FEES (current leases are “grandfathered in”). When your lease is due for a lease renewal, then the new rules will go into effect.
Leases that are signed July 1, 2019 and forward, the new rules go into effect immediately.
RENT TRACK
For the month of July 2019, you will have until 5th to pay rent. Beginning August 2019, Rent Track online option will be open from the 5th of the month until the 1st and close at 2 pm PST. If you have an existing lease that states you have until the 5th and you pay after the first, then you MUST drop off the rent at the office drop box, Goin’ Postal or mail BUT the rent must be in SMART’s hands by the 5th to avoid late fees.
If you have read your lease (on Page 1), the actual lease states that rents are due on the first, but when you signed, SMART had an addendum stating what our terms are. AGAIN, any leases that are signed July 1, 2019 and after, the new terms go into effect. You will have to plan your finances accordingly as the July 1, 2019 lease and after, rents will be due on the first of the month and considered late on the 2nd. You can thank your Nevada Senators, Assemblymen and the Governor of Nevado for these changes which were signed on June 12, 2019. Don’t blame SMART-we have to follow the law.