Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

414
Posts
94
Votes
Art Maydan
  • Chicago, IL
94
Votes |
414
Posts

Tenant Had Identity Stolen - Collect Late Fee?

Art Maydan
  • Chicago, IL
Posted

One of my tenants had his identity stolen and has his funds frozen. I don't think he's bluffing because he said he could get the money within a week and has been a good tenant thus far. I sympathize for him, but would you waive the late fee? It's my understanding that if you waive it once, you can't legally enforce it in the future.

On a related note, the tenant is one of four roommates in a coach house splitting the rent evenly. So his portion is $550 of the $2,200. Since tenants are jointly & severally liable, his fee would be based off of the $2,200 and not the $550, correct?

Much Appreciated,

Art

Loading replies...