Late Rent
Tenants who are late paying rent are automatically enrolled in our Eviction Prevention Program. Our goal is to work with tenants to prevent an Eviction.
Tenants have 3 options to resolve their outstanding balance & prevent eviction.
Pay in Full
If your late rent is a one-time occurrence, please complete the Outstanding Balance Resolution Form with an estimated date by which you will pay your outstanding balance in full.
- If the full balance is paid on or before this date, Sagareus will waive the late fee for the first occurrence.
- Log into your Resident Portal to view current balance.
- If you are concerned that paying in full will make next month’s rent late, a Payment Plan may be a better option.
Establish Payment Plan
If you can stay current on rent while making payments toward your outstanding balance, Sagareus will work with you to establish a payment plan.
To request a payment plan, please complete the Outstanding Balance Resolution Form.
Payment Plan Terms
- The outstanding balance will be divided into a minimum of 10 equal monthly payments or greater, until the balance is paid in full.
- Payments are due on the third Friday of each month.
- Tenants must sign a Payment Plan Agreement to enroll.
- If a tenant fails to make a scheduled payment or does not stay current on rent, the agreement will be canceled. At that point, the remaining options to avoid eviction will be:
- Paying the balance in full, or
- Vacating the property
- Even while enrolled in a payment plan, tenants are encouraged to apply for rental assistance to help catch up more quickly.
Early Termination
If you are unsure when you will be able to pay your outstanding rent, you may choose to terminate your lease and vacate the property.
This option allows you to:
- Maintain a positive rental reference from Sagareus for future housing opportunities.
- Apply your security deposit toward your outstanding balance.
- Reduce monthly costs while you work to stabilize your financial situation.
Terms for early termination are negotiable and considered on a case-by-case basis.
To request early termination, please complete the Outstanding Balance Resolution Form with your estimated move-out date. A Sagareus Manager will contact you to discuss your options and provide a formal termination agreement.
Rental Assistance
Tenants behind on rent are encouraged to apply for Rental Assistance immediately.
Call 211 for current eviction prevention resources available at city / local levels.
Below is a list of organizations Sagareus has worked with in the past to resolve outstanding balances.