Hi all,
Tenant has said not asked that she will be paying weekly from now on and not monthly as previously agreed and has been the case for years. If I agree to weekly which frankly I don’t want to, are there any requirements I need to have in place?
TiA
A rent book. How is she calculating the weekly rent?
Hi David, thanks for your reply. That’s the other query, the amount she said she’ll pay each week doesn’t work out.
I would presume it’s monthly rent x 12 / 52 = per week, it looks to me like she’s broke it down to 4weeks but some months have more than 4 weeks. So over a year it’s 13 (months) of 4 weeks.
Either way I don’t want to change it to weekly as I work remotely and not capable of issuing a rent book regularly. Assuming I would effectively have to give her a receipt every week?
Apologies for my lack of knowledge on this.
Regards
Dean