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Updated over 10 years ago,
Billboard tenant not paying late charge
I have a billboard tenant that consistently pays late and per the terms of the agreement I have been adding a late charge. Questions:
1) Is it ok to accept the rent payment without the late payment? Should I send the check back and explain that I don't accept partial payments?
2) What recourse do I have if they continue to ignore the late charge? Pay an attorney a few hundred dollars to try to collect a few dollars?