A postmark has no bearing on whether payment is on time or late. Payments must be received at Tricon Residential’s Corporate Office in Santa Ana, California by 5:00 p.m. on last day of the grace period (listed on the first page of your State-specific Lease Addendum – in most states, 5 calendar days). Any payments received after the grace period are considered late, and a late fee will be placed on the account on the following day.