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Updated almost 10 years ago,
Late Fee Terms After 1yr Lease Expires
I've been told that my long held beliefs are not true. I've always thought that at the end of a 1 year residential lease, that it automatically becomes a month to month lease with the same terms, such as in late fees. I've been told that I can no longer charge late fees unless there is a new lease agreement.
Is this true? I guess I need to check Wisconsin State law...
Thank you,
Arnie