For any rental agreement term that establishes a tenancy between 30 days and six months,
the tenant may elect to pay the security deposit and non-refundable move-in fees,
excluding any payment made by a tenant to the landlord prior to the inception of tenancy
to reimburse the landlord for the cost of obtaining a tenant screening report, in
no more than four equal amounts that begin at the inception of the tenancy and are
paid in installments of equal duration or, the tenant may propose an alternative installment
schedule. If the landlord agrees to the tenant's alternative installment schedule
the schedule shall be described in the rental agreement.
3.
For any rental agreement term that establishes a tenancy from month to month, the
tenant may elect to pay the security deposit and non-refundable move-in fees, excluding
any payment made by a tenant to the landlord prior to the inception of tenancy to
reimburse the landlord for the cost of obtaining a tenant screening report, in two
equal installments. The first payment is due at the inception of the tenancy and the
second payment is due on the first day of the second month or period of the tenancy
or, the tenant may propose an alternative installment schedule. If the landlord agrees
to the tenant's alternative installment schedule the schedule shall be described in
the rental agreement.
4.
The tenant cannot elect to pay the security deposit and non-refundable move-in fees
in installments if (a) the total amount of the security deposit and nonrefundable
move-in fees does not exceed 25 percent of the first full month's rent for the tenant's
dwelling unit; and (b) payment of last month's rent is not required at the inception
of the tenancy.
5.