Mynd Property Management

Creating Happy Homes and Healthy Investments

What is “Uncleared Money In”?

Uncleared Money In is any funds that are being added to your property’s operating account but they have not cleared and processed yet. The most common item is rent that has been paid by the resident but it has not cleared the bank yet. Rent is not distributed until it clears so that we do not risk the chance of sending funds to the owner that have been returned or bounced back to the resident.