This phrase refers back to the technique of remitting lease funds for residential or industrial areas managed by Cal Am Properties. For instance, a tenant occupying an condo overseen by this administration firm would submit their month-to-month cost to meet their lease settlement. This cost covers the usage of the property and may embrace different agreed-upon expenses.
Well timed cost ensures continued tenancy and maintains a optimistic landlord-tenant relationship. This established course of gives a structured framework for each events, contributing to steady property administration and predictable money move. Traditionally, documented and constant rental funds have been basic to the true property trade, facilitating clear monetary transactions and authorized accountability.