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Updated about 6 years ago, 09/17/2018

User Stats

149
Posts
41
Votes
Nicole Wood
  • Investor
  • Bath, NY
41
Votes |
149
Posts

Does late fee continue to accrue until late fee is paid?

Nicole Wood
  • Investor
  • Bath, NY
Posted

Hello,

So i stupidly broke rule #1 and rented to my sister. It's been nothing but a battle with her since day one!!! She has paid her rent late every month...this month she still hasn't paid it all and the last day to pay is the 5th. Late fee is 10$ per day after the 5th....so she is up to 100$ as of today....she says she's bringing me the other 300$ that she owes on rent on thursday...but she can't pay the late fee...so my question is does the late fee continue to accrue until she's paid the total WITH the late fee or do I have to stop it accruing as of wednesday if she pays thursday?

Unfortunately her being my sister I also know that in august/beginning of september she went on 2 vacations out of state, the state fair, a concert and the county fair...so she is NOT struggling financially she is just putting rent as her LAST priority! This is very frustrating.

I plan on evicting her ASAP however, I was unexpectedly taken out of work at the end of july due to pregnancy and had the baby 2.5 weeks ago...my disability got messed up as well!! and still isn't fixed, plus my husband had to take some time off to help me out and he hasn't gotten his pay for that either so we aren't in position as of yet to do that!!! 

I know how many mistakes I have made here so no judgement please just advice and answer to the late fee question! Thank you!

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