When Is The Deadline For The First-Term Rent Payment?

The first-term rent payment must cover a minimum of one full calendar month. If the start date stated in the contract falls in the second or third week of the month, two invoices will be sent. One will cover the remainder of the current month, and the other will cover the next month’s rent. Both invoices must be paid before scheduling your check-in, as the next month’s rent is always due in the last week of the current month.

Ideally, it’s best to make the payment as soon as possible to expedite the scheduling of your check-in, as our planning team's schedule can fill up quickly. If you finalize your booking by signing the tenancy agreement, paying the deposit, and making the first-term payment within 4 days of you receiving the tenancy agreement, and the check-in is not scheduled by the responsible party the next business day (if your start date has already passed), the finance department will not invoice you for the remaining days until your actual check-in date.

However, if you do not finalize the payment within 4 days, the check-in will take place within 3 business days after receiving your first-term payment. If the responsible party does not provide a check-in date within 3 business days, the finance department will also not invoice you for the remaining days until the actual check-in date.

Any rent adjustments will be made with the rent of the following month.

Keep the following timeline in mind:

• Sign contract < 72 hours by tenant.
• Sign contract < 1 business day (24 hours) by landlord.
• Transfer the first term rent (this is one month rent or remainder month + 1 full month rent). Any differences due to a partial month will be adjusted in the following month's invoice.

Please note: Our planning department is closed on business days from 3 PM.