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Updated almost 10 years ago on . Most recent reply

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75
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Devin E.
  • Investor
  • Torrance, CA
13
Votes |
75
Posts

Late Rent or not

Devin E.
  • Investor
  • Torrance, CA
Posted

Good afternoon,

I have a tenant, who waits until the day rent is do to tell me that she could not make it to the bank to deposit the rent into my account. she called that night and asked if I could pick the cash up at the property. Our agreement is that she will deposits all rent moneys into the account provided to her on or before the first of the month.  I was unable to drive to the property and pick up the rent so I notified her that she would have to deposit the rent into the account the next day.

So my question is, do I charge her a late fee because the rent was not deposited by the first? This is not her first or second time being late on the rent.

this property is located in southern California

Thank you for you help in advance

Devin

Most Popular Reply

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2,953
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4,475
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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
4,475
Votes |
2,953
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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
Replied

What does it say in your lease? I have a 2 day grace period and it's written on my lease. 

If your lease has no grace period, she gets a late fee. Just tell her that's whats in the lease and you feel it's important for both parties to stick to what both parties agreed to. 

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