ShofCorp 50059 Entry - Misty Vista Apts.

Step 1. Please select the "Action Processed", a Unit, and an Effective Date.
Contract/Prog:
 
Asterisk (*) indicates pending 50059(s)
Effective Date:
(m/d/yy)

 

Notes:

Effective Date. This is the date when the tenant will begin paying the rent as calculated in this 50059.
For a Move-in or an Initial Certification, the effective date can be any day of the month.
For Annual or Interim Recertifications , the Effective Date must be the first of the month.

For Interims, the Effective Date is dependent on whether the 50059 represents an increase in rent to the tenant or a decrease/no change. If, as a result of this recertification the tenant will be paying MORE than before (an increase) the effective date must allow at least 30 days notice. For example, If you are processing the recertification on Jan. 15, the effective date for an increase would have to be March 1, because Feb. 1 would not allow 30 days of notice. If the interim represents a decrease in income, (or no change) the interim should be made effective on the first of the next month. Ex.: If you are processing this recert on Jan. 15, it should be made effective Feb. 1.

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