As the coronavirus continues to put extraordinary pressures on people and businesses across the country, the Virginia Apartment Management Association has been working to evaluate a variety of operational responses to assist members in dealing with the financial difficulties this will impose. At the top of our list of issues needing active management is the inability for some residents to meet future rental payment obligations.
To that end we are providing our members with the following resources we encourage you to take advantage of:
Sample Resident Communication Regarding Payment Plans
Payment Plan Addendum and Process Suggestions
List of Considerations During an Individualized COVID-19 Assessment