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General Landlording & Rental Properties

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Justin Sadauskas
  • Real Estate Agent
  • Washington Twp, MI
4
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27
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management company question

Justin Sadauskas
  • Real Estate Agent
  • Washington Twp, MI
Posted Aug 18 2015, 09:26

I have a tenant who is late one month and paid $950 last month.  The management company took $150 in late fees and paid me $800.  Is the management company allowed to start collecting late fees before the balance is at zero?  It seems that they should be the waiting to collect their late fees - not me on my rent.  All advice appreciated.

Thanks in advance.