Robert Ruiz
Late Fee Louisiana
I am currently charging a Late fee of $35 on my Tenants, but they seem to always be late. I am thinking of going up to $50 to help motivate them to be on time. What is the legal maximum rate for a late fee in the Stat...
Codey Yingling
Collecting Late Fees
My brother and I own a duplex in Lakeland FL. Our late fee stated in the contract is 10% of the rent. This comes into effect if the rent is not paid before the 5th of each month(4 day grace period after the 1st) plu...
Marc Dufour
Rent late fee
I have a rental in CA. My contract says there is $100 per day for late fee and the rent is $2900 per month.
I am not sure legally I can charge $100 per day in CA?
The tenants are 7 days late, (including 2 days duri...
Deb Smith
Late fee question.
when there's a late fee policy of a % of the rent and a partial payment is made. Say rent is $1500 and only $1000 is paid. Is the % on the total rent or just the unpaid amount. Ex: say the fee is 10% Rent is $150...
Becky Rhode
Late Fees Assesment
Hello all! I have a colleague who has a tenant who is a middle-aged single female. She had currently lost her job. She is trying from other resources to obtain the rent. So a colleague of mine assessed her late fee...
Josh McCullough
Collecting late fees
What a pain! Nobody wants to pay them, but pretty much everyone has at some point in their life. How do y'all get tenants to pay their late fee? Is it worth eviction or foreclosure?
Sam Va
Late fee calculation
Dear Experts - My tenant paid her rent 15 days late. According to the agreement, she is also supposed to pay a penalty of $200 ($50 fine + $150 for $10 per day). However, she has not paid this additional $200 by the n...
Shannon M.
Late Fee Collection
I am fairly new to managing properties, though I did it years ago I am rusty. I have a tenant who paid their rent 10 days late. I was clear they would need to pay the late fee, however they deposited rent only. I have...
Brandon Ja
Late Fee policies
Good morning everyone. New to rentals and it’s been 20 years since I have rented a place myself. Looking for ideas on how to structure my late fees and what you charge. Do most people charge a set amount or is it b...
Scott Bond
NSF check and late replacement= NSF fee AND Late fee?
When a check bounces and the replacement check doesn't arrive before the deadline, do you guys charge an NSF fee AND a late fee? Assuming the process of bouncing the check takes a few days, I can't imagine that there ...