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Updated over 5 years ago,
Amending a rental greement
I have a tenant who has been late on rent payments twice in five months, this month she still hasn't pay all of the rent for September. I charge her $50.00 late fee after five days. So she rather pay the late fee and be late for so long. I would like to amend the rental agreement and raise the late fee so high that she would pay on time. My question is, can I change the contents in the rental agreement while it doesn't expire until February 2020? If so, what is the maximum I can charge for late fee?