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Property Management Rent Collection That Protects Your Cash Flow

Rent collection

Rent Collection Services Built Around Your Cash Flow

Quick answer

What Is Property Management Rent Collection?

Rent collection by a property manager means the manager collects rent from your tenants for you, enforces the lease's grace period and late fee, serves Florida's 3-day notice when rent stays unpaid and pays you monthly with a statement.

  • Rent collected from your tenants on your behalf.
  • The lease's grace period and late fee enforced.
  • Florida's 3-day notice served when rent stays unpaid.
  • Your income paid monthly, with a statement.

Property Management Rent Collection in Florida

Rent is the return on your investment. Royalty Concierge Services runs rent collection as part of full property management: every payment is tracked from its due date, every late payment gets a written response, and your income reaches you each month with a statement you can check line by line. Led by a licensed Florida broker and backed by our 90-day money-back guarantee.

Step by step

How We Collect Rent From Tenants, Step by Step

Quick answer

How Does Royalty Concierge Services Collect Rent From Tenants?

Royalty Concierge Services collects rent from tenants by bank transfer, check or money order, gives a 4-day grace period written into every lease, sends a written notice once it ends and pays you monthly with a statement.

  • Payment: bank transfer (ACH), or check or money order at our office.
  • Grace period: 4 days, written into every lease.
  • Late rent: a written notice once the grace period ends.
  • Owner payout: monthly, with a statement.
  1. Rent due

    Tenants pay by bank transfer, or by check or money order at our office.

  2. Four-day grace period

    Written into the lease, so every tenant knows the deadline before move-in.

  3. Late rent notice

    When the grace period ends unpaid, the tenant receives a written notice and the late fee set in the lease.

  4. Three-day notice

    If rent is still unpaid, we serve Florida's 3-day notice under section 83.56(3), the first legal step toward possession.

  5. Owner payout

    Collected rent is paid to you monthly, with a statement of every payment and expense.

Late rent

Late Rent Notice: What Happens After the Grace Period

Florida law sets no grace period for rent; the lease does, and ours gives tenants 4 days. After that, late rent brings a written notice and the lease's late fee. If rent is still unpaid, Florida's 3-day notice follows.

It must state the exact rent owed, the address with its county and the deadline, counting 3 days without Saturdays, Sundays or court holidays. A wrong amount or a miscounted day can send a landlord back to the start, so every notice we serve is prepared to the statute.

Partial payments have rules too: once a notice is posted, accepting part of the rent calls for a receipt showing the balance, or a new notice.

  • 4days

    Our grace period, written into every lease.

  • 3days

    The notice period, weekends and court holidays excluded.

  • 5days

    For a tenant to pay the rent owed into the court registry before contesting an eviction.

  • 83.56Florida Statutes

    The section that sets the 3-day notice.

Before the lease

Rental Application Screening: 13 Checks, 4 Questions

On-time rent starts before the lease is signed. Every applicant answers four questions through 13 checks.

  1. Is the applicant who they say they are?

    • Government-issued ID
    • Social Security number verification
  2. Can the applicant afford the rent?

    • Pre-screening income qualification
    • Income verification
    • Employment verification
  3. Does the applicant pay their bills?

    • Credit score
    • Previous address and tenant history
    • Public records search
    • National eviction search
  4. Will the applicant care for your property?

    • Previous landlord verification
    • National criminal search
    • National sex offender registry search
    • International terrorism watch list search

Criminal searches review convictions only. Every application is processed without regard to race, color, religion, sex, disability, familial status or national origin, under the Fair Housing Act.

See our full tenant screening process

Why owners choose us

Landlord Rent Collection Without the Guesswork

  • Licensed Broker Leadership

    Your rent is handled by a team led by a Florida broker licensed since 1991.

  • Owners Anywhere

    In another state or another country, you see every payment on your monthly statement.

  • One Clear Statement

    Income, expenses and repairs, line by line, every month.

  • Legal Steps on Time

    Notices prepared to Florida Chapter 83, with our eviction attorney ready if rent stops.

  • 90-Day Money-Back Guarantee

    If you are not satisfied with our management in your first 90 days, we refund the management fees you paid for that period.

  • No Hidden Fees

    What you pay is in your written management agreement.

How much rent can your property earn?

Get a free rent estimate
Our guarantees

90-day money-back guarantee: if you are not satisfied with our management in your first 90 days, we refund the management fees you paid for that period.

Free proposal

Get a Free Rent Collection Proposal

Put your rent on a schedule. Get a free proposal for rent collection and full management, backed by our 90-day money-back guarantee.

Want to know what the property can rent for first? Get a Rent Estimate.

See our Privacy Policy and Terms of Service.

FAQs

Rent Collection FAQs for Landlords

How do property managers collect rent from tenants?

A property manager sets the payment methods in the lease, tracks each payment against its due date and acts as soon as rent goes late. At Royalty Concierge Services, tenants pay by bank transfer, or by check or money order at our office. The lease sets a 4-day grace period, and unpaid rent moves to a written late notice and then to Florida's 3-day notice. Collected rent reaches the owner monthly, with a statement.

Does Florida law require a grace period for late rent?

No. Chapter 83 of the Florida Statutes sets no grace period, so the lease decides when rent becomes late and what late fee applies. Leases signed through Royalty Concierge Services give tenants 4 days. Rent unpaid after that is late, and the lease's late fee applies.

What should a landlord do when a tenant doesn't pay rent?

Act in writing and in order. Send a late notice once the grace period ends, then serve Florida's 3-day notice under section 83.56(3), stating the exact rent owed and the deadline, with weekends and court holidays excluded. If rent is still unpaid, the next step is an eviction filed in county court. Never change the locks or shut off utilities: section 83.67 makes the landlord liable for at least three months' rent.

Can tenants pay rent online or by ACH bank transfer?

Yes. Tenants of the properties we manage can pay by bank transfer (ACH), or by check or money order at our office. A bank transfer leaves a dated record of every payment, which matters if rent is ever disputed.

What is rent arrears, and how does a landlord recover it?

Rent arrears is rent that is past due and unpaid. A landlord recovers it by demanding payment in writing and, if needed, by suing for the unpaid rent together with possession. Under Florida law, a tenant who contests an eviction on any ground other than payment must deposit the rent owed into the court registry within 5 days, excluding weekends and legal holidays (section 83.60(2)); a tenant who does not loses those defenses.

Can a Florida landlord charge late fees on rent?

Yes, when the lease provides for it. The amount comes from the lease, not from Chapter 83. A late fee is not rent, so it is left out of the 3-day notice unless the lease defines it as additional rent.

When do owners receive rent from Royalty Concierge Services?

Monthly. Collected rent is paid to you with a statement showing each payment received and every expense paid, and your records stay available in your owner portal.

Can Royalty Concierge Services collect rent for owners out of state?

Yes. Many of our owners live in another state or another country. Rent is collected here in Florida, every late payment is handled on time, and your monthly statement shows exactly what came in and what went out, wherever you are.