What happens if a Tenant's payment returns from the bank?

A tenant's payment can return for several different reasons, but the most common reason is that the tenant does not have enough money in the bank to pay for the rent. This type of return is typically called an NSF (Non-Sufficient Funds).

ScheduleMyRent automatically notifies the tenant that their payment has returned and that they owe additional fees that are on the lease.

You can easily see the status from your dashboard. You can also click on the Communications button next to the unit to see all of the communications between ScheduleMyRent and the tenant.