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Updated about 7 years ago, 09/22/2017

User Stats

72
Posts
23
Votes
Rosy Bruno
  • Seattle, WA
23
Votes |
72
Posts

HELP! PM misquoted due-by date - should I waive those late fees?

Rosy Bruno
  • Seattle, WA
Posted

Hi everyone,

I'm hoping to get some advice on whether I should charge my tenants a late fee. Here's the issue:

Our lease states that the tenants will incur a late fee if payment isn't received after the 3rd. Our PM was telling them (verbally) that is was the 5th (she was getting different leases confused). So the tenants went by her word and took the 5th as the due-by date - 3 of their payments landed between the 4th and 5th (technically late).

They have a few other late fee charges (for other missed rent and amenities) that we have yet to receive payment for and we are working with them on a payment plan for these (the husband was able to get another job).

Should I charge them a late fee? I know, technically, I can get away with it, but I feel like that's pretty harsh.

If not, do I charge the PM? Is that even a thing?

I guess I should also note that they are renewing their lease on a month to month basis so I don't want to have a strained relationship with them; even though all I'm doing is enforcing the lease.

Thank you everyone!!!

Rosy

User Stats

143
Posts
187
Votes
Nolan M.
  • Rental Property Investor
  • Mesa, AZ
187
Votes |
143
Posts
Nolan M.
  • Rental Property Investor
  • Mesa, AZ
Replied

Sounds like you answered your own question! Looks like everyone is on the same page now, no need to screw them over for following what your PM told them.