Letter template for late rent with late fee waived as a courtesy

[Wesley W.]

Does anyone have a template for a letter they are willing to share that memorializes that the monthly rent was paid late, but that the late fees will be waived this time as a one-time courtesy for a good tenant?

Thanks in advance!

[Nathan Gesner]

No need for a form letter. Just type something up quick and get them to sign it.

"On October 5th, 2022, Landlord agreed to a one-time waiver if the late fee for October rent. Tenant agrees that any future late fees will not be waived "

I recommend you get in the habit of never forgiving late fees. If you waived it this month because their car broke down or they flew to the Bahamas and forgot, how will you justify charging the fee when a family member dies or their child is hospitalized after being run over by a car? 

People agree to pay rent by a certain date and to pay a penalty if they are late. Stick to it.