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Updated over 2 years ago on . Most recent reply

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36
Posts
10
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Dar Fornelli
  • Kansas City, KS-MO
10
Votes |
36
Posts

Tenants paid full rent late, but have not paid late fee

Dar Fornelli
  • Kansas City, KS-MO
Posted

For the second month in row, my tenants have paid rent 3+ days late. My lease states the following: 

Shall tenant(s) accounts not be paid in full by 4:00 pm on the 2nd day of the month, a late charge of twenty five dollars ($25.00) will be added to the outstanding balance to cover costs of collection, and if payment is not received thereafter an additional late charge of ten dollars ($10.00) per day will be added to the unpaid balance.

They have since paid the monthly rent value, but not the late fee totaling $45. Now they are non-responsive to calls and texts. Should I continue to tack on the $10 late fees since there is still an outstanding  balance? How long do I give them before taking legal action? 

Appreciate any input! 

Most Popular Reply

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2,434
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1,875
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Michael Plante
  • Deland, FL
1,875
Votes |
2,434
Posts
Michael Plante
  • Deland, FL
Replied

this is why I don’t have late fees

I have discounts.  

Eg rent is $1300 due in the 5th. 

If you pay before the 5th it is $1250

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