if the rent is not paid within the 14-day period, the landlord may terminate the rental agreement and proceed to obtain possession of the premises as provided in § 55.1-1251.
G. Notwithstanding the provisions of subsection F, for any landlord who owns more than four rental dwelling units or more than a 10 percent interest in more than four rental dwelling units, whether individually or through a business entity, in the Commonwealth, if rent is unpaid when due and the exact amount of rent owed is less than or equal to one month's rent plus any late charges contracted for in the rental agreement and as provided by law, the landlord shall serve upon the tenant a written notice informing the tenant of the exact amount due and owed. The written notice shall also offer the tenant a payment plan under which the tenant shall be required to pay the exact amount due and owed in equal monthly installments over a period of the lesser of six months or the time remaining under the rental agreement; however, the tenant may repay the full balance due and owed at any time during the payment plan period without incurring a penalty. The landlord shall not charge any additional late fees during the payment plan period in connection with the unpaid rental amount for which the tenant entered into the payment plan so long as the tenant makes timely payments in accordance with the terms of the payment plan. The written notice shall also inform the tenant that if the tenant fails to either pay the exact amount due and owed or enter into the payment plan offered within 14 days of receiving the written notice from the landlord, the landlord may terminate the rental agreement and proceed to obtain possession of the premises as provided in § 55.1-1251. If the tenant fails to pay in full or enter