Can MoveZen Issue Payments to Owners Earlier Than the 10th of the Month?
Audience: property owners who want to know whether owner payments can be accelerated and why MoveZen follows a set disbursement schedule.
Short answer: generally, no, and that's by design. Issuing owner payments earlier than the standard schedule would introduce compliance risk and accounting errors.
Here's why the timing matters.
Frequently Asked Questions
Is the 10th a hard rule? It's the standard processing target, not an arbitrary date.
Can an exception be made just once? Exceptions are extremely rare and typically not possible.
Why can't rent be paid out as soon as it's received? Because payments must clear, be earned, and be reconciled first.
Does this protect owners or the management company? Both—but primarily property owners.
Why Early Disbursements Aren't Issued
Several safeguards must be satisfied before funds are released:
- Tenant payments must fully clear
- Returned or reversed payments must be identified
- Fees and expenses must be applied
- Trust balances must reconcile
- No deficit spending can occur
Paying early would risk violating trust accounting rules.
Related article: https://know.movezen360.com/understanding-trust-monies-escrow
What Happens If Rent Is Paid Early?
Even if a tenant pays on:
- The 1st
- Before the due date
- Or prepays rent
Funds still:
- Must clear the bank
- Must be applied to the correct rental period
- Cannot be disbursed until reconciliation is complete
Early tenant payment doesn't change owner disbursement timing.
Why a Fixed Schedule Is Better for Property Owners
A consistent schedule:
- Reduces accounting errors
- Prevents overpayments
- Supports clean audit trails
- Makes cash flow predictable
It also ensures all property owners are treated consistently.
What Owners Can Do Instead
If cash flow timing is important, property owners may:
- Maintain a small reserve
- Plan around the known disbursement schedule
- Separate personal budgeting from rental timing
This avoids relying on accelerated payments that aren't compliant.
When Timing Might Shift Slightly
Payments may appear earlier or later due to:
- Weekends
- Bank holidays
- ACH processing timelines
These are bank-driven, not policy changes.
Understanding the Disbursement Schedule
Rather than asking:
"Can I get paid earlier?"
Consider:
"Is my payment being processed accurately and safely?"
MoveZen's disbursement schedule prioritizes accuracy and compliance with North Carolina trust accounting laws over speed. This systematic approach protects property owners from overpayments, accounting errors, and potential trust violations that could occur with premature disbursements.
Related Articles
-
When Are Owner Disbursements Sent Out?
https://know.movezen360.com/when-owner-disbursements-are-sent -
What Is the Method for Disbursing Owner Payments?
https://know.movezen360.com/owner-payment-disbursement-method -
How Are Owner Disbursements Calculated?
https://know.movezen360.com/how-owner-disbursements-are-calculated -
Understanding Trust Monies & Escrow Accounts
https://know.movezen360.com/understanding-trust-monies-escrow