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Updated over 11 years ago on . Most recent reply

Mike Wallace's profile image
Mike Wallace's profile image
Mike Wallace
  • from Metro Detroit, Michigan
  • Member since May 9, 2012
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120
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Mike Wallace's profile image
Mike Wallace's profile image
Mike Wallace
  • from Metro Detroit, Michigan
  • Member since May 9, 2012
Connect
Mike Wallace
  • Metro Detroit, MI
15
Votes |
120
Posts
General Landlording & Rental Properties

no grace period in lease?

Mike Wallace
  • Metro Detroit, MI
Posted

I just bought a 4plex. I inherited some tenants. Their lease agreements state that the rent is due on the 1st of the month. There are no "grace periods" or anything like that on the lease.

Today is the first and i have not yet received their checks. How many days should I wait until I send a 7 day notice?

I am new at all this.

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