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Updated almost 8 years ago on . Most recent reply

User Stats

42
Posts
11
Votes
Shannon M.
  • Property Manager
  • Twin Falls, ID
11
Votes |
42
Posts

Late Fee Collection

Shannon M.
  • Property Manager
  • Twin Falls, ID
Posted
I am fairly new to managing properties, though I did it years ago I am rusty. I have a tenant who paid their rent 10 days late. I was clear they would need to pay the late fee, however they deposited rent only. I have followed up several times reminding them about the late fee and they have failed to pay it. Can I 3 day pay or quit on a late fee? I tried to look up the local laws on this but haven't found a clear answer.

Most Popular Reply

User Stats

110
Posts
89
Votes
Julie Thevenow
  • Investor
  • Madison, IN
89
Votes |
110
Posts
Julie Thevenow
  • Investor
  • Madison, IN
Replied

Apply the rent to the late fees first. Then the balance to the rent. Judges won't award you late fees owed but will award you past due rent. 

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