Delinquency Example
- Resident fails to pay rent on time and incurs late fees.
- Property Manager offers NPS as solution to late payment problem.
- Property Manager explains NPS benefits and helps resident complete NPS application; provides NPS direct deposit form.
- Resident requests direct deposit from their employer.
- NPS notifies Property Manager when funds are received.
- If resident elects not to contract with NPS, Property Manager takes normal course of action.
- NPS forwards rent payment, including funds to cover delinquent rent, as agreed upon by resident and landlord.