Virginia Tech Corporate Research Center: General Information

•	*When are my rent payments due?* Rent is payable in advance on the 1st day of each calendar month.
•	*Why am I being charged interest on my outstanding bills?* Rent and other services that are not paid within 15 days of the due date will bear interest at the rate of 12% per annum. Accounts with rent that are overdue by more than 91 days will be reviewed and could be placed with a collection agency.
•	How can I avoid interest and late fee charges? The CRC in connection with First National Bank offers automatic payment drafting of rent and data service payments. Please contact the CRC Administration accounting office to obtain an application form to begin this process.
•	*Why am I receiving a tax bill from Montgomery County?* The Corporate Research Center is exempt from real property taxes imposed by the County of Montgomery and Town of Blacksburg, Virginia. Section 58.1-3203 of the Virginia code allows the appropriate local municipalities to tax the leasehold interest in property that is exempt from taxation to the owner.
•	*What maintenance services are provided by the CRC?* See maintenance services for details of services provided to tenants in the park.
•	*How do I request maintenance service?* See request maintenance service for details on how to request and receive quality maintenance service.
•	*What are the cleaning specifications for CRC office buildings?* See cleaning specifications for details of services provided to CRC tenants and buildings.
•	*What electrical services are provided to CRC office buildings?* See electrical services for details of services provided to CRC buildings.