Existing law makes the rent owed by a tenant to a landlord payable without demand or notice at the time and place agreed upon by the landlord and tenant. (NRS 118A.210) This bill authorizes a landlord to enter into an agreement with a person to process payments for and collect rent from a tenant. This bill requires a person who processes payments for or collects rent pursuant to such an agreement to: (1) ensure the processing of payments and collection and remittance of rent occurs in a timely fashion; (2) process a payment for or collect only the amount of rent due from a tenant unless the tenant authorizes a different amount; (3) provide each tenant with a clear notification of the date on which a payment will be processed or an amount of rent collected or remitted; (4) maintain and provide each tenant upon request a record of all payments, collections and remittances; and (5) keep confidential all banking and financial information of a tenant. This bill makes it a deceptive trade practice for a person who processes payments for or collects rent pursuant to an agreement with a landlord to negligently or willfully fail to satisfy such requirements.