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Updated almost 9 years ago,

Arthur Banks's profile image
Arthur Banks's profile image
Arthur Banks
  • Real Estate Investor
  • from Waukegan, Illinois
  • Member since Apr 22, 2013
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User Stats

367
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78
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Arthur Banks's profile image
Arthur Banks's profile image
Arthur Banks
  • Real Estate Investor
  • from Waukegan, Illinois
  • Member since Apr 22, 2013
Connect
Arthur Banks
  • Real Estate Investor
  • Waukegan, IL
78
Votes |
367
Posts
General Landlording & Rental Properties

Changing grace period

Arthur Banks
  • Real Estate Investor
  • Waukegan, IL
Posted
I currently have a 5 day grace period in my lease. I'm considering changing It to 3 days. When an existing tenant renews are they "grandfathered" in at 5 days? Or can I have them sign an addendum stating the new 3 day grace?
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