Sample Promissory Note For Unpaid Rental With Tenant
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How to fill out Promissory Note For Past Due Rent?
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FAQ
Please be advised that we will no longer be able to accept your rent later than [time] _________ on [day of the month] _______. If your rent payment is not received by [time] _________ on [day of the month] _______, we will proceed with eviction. until your present $ _____________ balance is paid in full.
To date, we have not received your full monthly rent payment. Please understand that failure to pay rent is the most frequent cause for tenants to lose their housing, and we are concerned about the balance due from you. Presently, you have an amount due of $________________________. Please pay this amount immediately.
This is to express in writing my inability to pay on time the amount due for my tuition fees amounting to P____________________. I promise to pay said amount on or before ______________________. Furthermore, I am fully aware that subsequent Promissory Notes shall not be accepted without settling my current due amount.
When writing a rent reminder, be sure to include the date that rent is due, the amount of rent owed, and the landlord's contact information. It is also important to be clear about any late fees that may be incurred if rent is not paid on time. Be polite and professional in the language used in the reminder.
Get them to sign a promissory note. When they do that, the rent is paid. You have accepted a note in place of a check (which, incidentally, is also a note). That means if they don't pay the promissory note, you can't evict for nonpayment of rent. You'd have to sue.