DELAY RENT PAYMENTS — PRODUCT TERMS SUMMARY
DELAY RENT PAYMENTS
Delay rent to match your cash flow.
Product Terms Summary
Last updated: 19 June 2026
Note: Product names are provisional and subject to change. The terms below apply regardless of the name under which this product is marketed.
This summary forms part of and should be read alongside the Rently HK Limited Terms and Conditions (last updated 19 June 2026), available at https://rently.hk/terms.
These product terms (“Product Terms”) form part of and are subject to the Master Terms of Service. In the event of any conflict between these Product Terms and the Master Terms of Service, these Product Terms shall prevail.
IMPORTANT: Please read this summary carefully before activating this product. It creates a binding obligation to pay Rently the corresponding amount, plus service fees, each time Rently makes a payment to your Landlord.
What is Delay Rent Payments?
Delay Rent Payments is an optional add-on through which Rently, acting as principal and using its own funds, makes periodic payments to your Landlord. You then pay Rently the corresponding amount, together with a service fee, on the payment date you select. The service fee is consideration for the service, and Rently makes the Landlord payment as principal from its own funds.
Rently is not collecting your rent on your behalf and passing it on. Rently pays your Landlord from Rently's own funds, independently of any payment from you. Your obligation to Rently is a separate payment obligation for the service Rently provides — not your rent obligation under your Tenancy Agreement.
You are solely responsible for the Landlord bank account details you provide to Rently. Rently makes payments based on those details and cannot independently verify them. If a payment is misdirected because you provided incorrect, incomplete, or outdated details, your obligation to pay Rently the corresponding amount for that payment remains in full force. Rently will not be responsible for any loss arising from a misdirected payment where it has acted in good faith on the details you supplied, except to the extent that any such loss arises from Rently's own fraud or gross negligence.
Your Payment Obligation
Each time Rently makes a payment to your Landlord, you are obligated to pay Rently the corresponding amount, together with applicable service fees, on your selected payment date. Rently makes the Landlord payment as principal from its own funds, and the amount payable by you is consideration for the service and the related payment-timing facility. This obligation arises at the time of Rently's payment and cannot be cancelled retroactively.
Your obligation to pay Rently is not affected by:
Your Payment Date
When you activate this product, you will choose the date each month on which Rently will collect the amount due. This is the date you pay Rently — it is separate from the date Rently pays your Landlord.
Rently pays your Landlord on or before the rent due date stipulated in your Tenancy Agreement, using Rently's own funds. Your payment to Rently falls on the date you have separately selected, which will typically be after the date Rently has paid your Landlord. Your chosen payment date and the landlord payment date operate independently — your obligation to pay Rently arises at the time Rently makes the landlord payment, and is collected from you on your selected payment date.
Your chosen payment date cannot extend beyond your next scheduled rent payment date. The maximum deferral available to you is therefore the number of days between Rently's payment to your Landlord and your next rent due date.
You may request a change to your payment date by contacting Rently. Any change will take effect from the following cycle.
Recurring Nature
This product is recurring by default. Once activated, Rently will make payments to your Landlord on a monthly basis, and a corresponding payment obligation will arise each cycle, until the product is cancelled.
Service Fees
A service fee applies to each cycle. The fee will be clearly disclosed to you before you activate this product.Service fees are determined on a stepped or tiered basis and are not calculated as a fixed percentage of the rent. Rently may update fees with at least 14 days' written notice.
Late Payments
If any payment to Rently is not made on the due date, an administrative late payment fee of HKD$30 per day will apply for each day the amount remains outstanding, up to a maximum of HKD$900 per late payment incident. Fees are not compounded and do not constitute interest. Once the cap is reached, Rently's remedy is suspension and collection rather than continued accrual. Rently may pursue collection through legal means if amounts remain unpaid, including engaging collection agencies and reporting to credit bureaus.
How to Pay Rently
All rpayments to Rently must be made through the automated payment method set up via the Platform. If you make a payment outside of this setup for any reason, you must include your Rently account reference number in the payment reference. Without it, Rently may not be able to allocate your payment promptly, and late payment fees may accrue until the payment is matched to your account.
Cancellation
By you
You may cancel this product by contacting Rently at support@rently.hk or through the Platform (if available). Cancellation requests must be submitted at least 3 days before the next scheduled payment cycle to take effect for that cycle. Cancellation does not affect payment obligations already incurred.
By Rently
Rently may cancel this product at its sole discretion — for example, if you miss a payment, breach the Terms and Conditions, or for risk management reasons. Rently will provide reasonable prior notice where practicable. All outstanding amounts payable remain due immediately upon cancellation.
Can You Exit Early?
Rently acts as principal in making payments to your Landlord. Rently is not a payment intermediary, remittance service, or escrow agent. Rently's payment to your Landlord does not make Rently a party to your Tenancy Agreement, and Rently has no liability for your Landlord's actions or your tenancy obligations.
Rently's primary business is the provision of tenancy facilitation and management services, of which this payment-timing facility is only one part.
Full terms governing Delay Rent Payments are set out in in Section 6 (Add-On Products of the Rently HK Limited Terms and Conditions (last updated 19 June 2026), available at https://rently.hk/terms
ACKNOWLEDGEMENT
By ticking the box in the Rently app and proceeding, I confirm that:
Rently HK Limited | Delay Rent Payments — Product Terms Summary