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Updated over 9 years ago,

Account Closed
  • Homeowner
  • Signal Hill, CA
70
Votes |
521
Posts

# Grace days if any, before late charge per day?

Account Closed
  • Homeowner
  • Signal Hill, CA
Posted

It's that time of the month, again!

What's your late rent policy?

Do you give any grace days in between the due day (ie, the 1st) and the day you start applying a daily/weekly late charge?

I've been thinking of doing $10 per day late, but with (just) a 1 day grace, on any future rental agreements.

(I notice some landlords/PMs give $10 or $20 back each time paid by the due day, and some do a % late charge but not sure how the latter works)

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