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Updated over 7 years ago,

User Stats

137
Posts
51
Votes
David K.
  • Investor
  • Attleboro, MA
51
Votes |
137
Posts

Late Rent/Late Fees and not following thru

David K.
  • Investor
  • Attleboro, MA
Posted

Just wondering how you all handle these type of situations.  In all my RI rental agreements I charge a late fee of any rent that comes in after the 5th of the month. (rent is due on the 1st). I have a tenant who claims to have paid the rent before the 6th of the month, when in fact he paid the following day.  He's decided to not pay the late fee.  I'm a bit torn on how to handle this.  Never have I had an issue with the 5% late fee, as its clearly stated in writing.

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