New Policy — Late fees for parking, carports, garages and storage

If your property does not charge any fees for parking spaces, carports, garages or storage, please disregard this message. Otherwise, please read on!

Effective upon each household at your property signing new MFNW paperwork, whether a new move-in or a lease renewal, please note that there should now be a late fee for any and all parking spaces, carports, garages or storage that have not been paid for by the 4th of the month. The late fee should be noted on the M158 Parking / Carport Agreement and / or M036 Resident Garage / Storage Rental Agreement, and should be equal to 10% of the monthly parking / storage / garage fees charged. Please be sure to review this with all residents upon signing these forms, so that they understand the new policy.

To add a late fee to M158 Parking / Carport Agreement in Tenant Tech, simply calculate 10% of the monthly parking fee and add to the area with the red arrow below:

To add a late fee to M036 Resident Garage / Storage Rental Agreement in Tenant Tech, simply calculate 10% of the monthly fee(s) and add to the area with the red arrow below:

Leave a Reply

Your email address will not be published. Required fields are marked *