In the general context, what 2 things need to happen for a rent payment to be considered successful?
Rent Payments Quiz

Quiz
•
Specialty
•
Professional Development
•
Medium
Ely Martinez
Used 3+ times
FREE Resource
10 questions
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1.
MULTIPLE SELECT QUESTION
5 mins • 10 pts
The points need to be added to Loyalty
The member needs to pay Bilt
The payment cannot show "suspended" on Retool
Bilt needs to pay the property
2.
MULTIPLE SELECT QUESTION
5 mins • 10 pts
How can a OON member pay his rent through Bilt?
By using his Bilt Mastercard on the property's portal
By using a linked bank account on Paypal
By sending a check though the app
By using the Rent Account
By paying through the app directly to the property
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can a INN member pay his rent through Bilt?
By using his Bilt Mastercard directly
By using the routing number and account numbers
By sending a check though the app
By using the Rent Account
By paying through the app directly to the property
4.
MULTIPLE SELECT QUESTION
5 mins • 10 pts
What happens when the member pays with Bilt Protect ON?
A balance is added to Bilt Mastercard to offset the rent charge
The rent amount is charged to his card
The rent payment cannot get NSF due to BP ON
Bilt withdraws the rent amount from the member's linked bank account
By paying with BP ON the member doesn't have to pay additional fees
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens when the member pays with Bilt Protect OFF?
A balance is added to Bilt Mastercard to offset the rent charge
The rent amount is charged to his card
The rent payment goes through faster
Bilt withdraws the rent amount from the member's linked bank account
By paying with BP OFF the member 's credit limit is temporarily increased
6.
MULTIPLE CHOICE QUESTION
5 mins • 10 pts
What is the first step Bilt performs when the member initiates an INN payment?
Charge the Bilt Mastercard to pay the property
Notify the property that the member paid the rent
Notify the member's bank so that the funds can be withdrawn
Take the funds from the member's linked bank account
Send the rent check to the property
7.
MULTIPLE SELECT QUESTION
5 mins • 10 pts
In order to confirm if a INN payment actually went through successfully, what two Retool tabs must be checked?
Loyalty
Payments
Ledger
Virtual Accounts
General
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