Managing Condo and HOA Fee Collection

Use our platform to easily collect condo dues and HOA fees

Brian Reardon avatar
Written by Brian Reardon
Updated over a week ago

You can save time chasing after condo dues and HOA fees by automating and digitizing the collection process. We've partnered with ZSuite Technologies, Inc. to offer customers ZRent, a multi-purpose payment collection platform that can help automate recurring payments directly into your account at Hingham Savings for free.

The process for landlords is as simple as:

  1. Adding a property to the platform

  2. Inviting the occupants via email to enter their funding bank account information, their payment amount, and their payment schedule directly into the platform

  3. Start collecting payments!

Both administrators and occupants will enjoy the convenience of this platform.

Features & Benefits for Condo and HOA Administrators:

  • Faster Payments: Receive funds one business day from the time your occupant's payments are processed.

  • Easy Online Access: ZRent is available 24/7 on desktop, laptop, table or mobile devices.

  • Detail Dashboard: Log in to view your property and unit details, invite occupants on current and even future leases and view payment information.

  • Payment Forecasting: With ZRent, you will see up to six months worth of future payments in the dashboard.

  • Descriptive Transactions: The unique ACH transaction descriptions allow you to save time on bookkeeping and monthly reconciliations.

  • Monthly Reporting: Receive an automated report via email on the 15th of every month with details about every property and unit.

Features & Benefits for Owners:

  • Easy Online Access: Condo or home owners can access and update their payment information 24/7 via desktop, laptop, table or mobile device.

  • Automated Payments: Payments can be set up on a recurring basis or for a specific date range to 'set it and forget it'.

  • Payment Tracking: A history of payments and log of upcoming payments are available to view.

  • Bank Account Privacy: Owner bank account information remains completely confidential and does not get shared.

  • Roommate Sharing Option: Split the payment between multiple people within a condo unit easily.

  • Free Usage: Owners will never pay a fee for this platform.

For a deeper dive into ZRent, see the overview.

Whether you're an existing or a new customer, our Specialized Deposit Group would love to connect to see how this solution can help you.

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