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Re: late rent - fee? YES...JJ as long as it's "reasonable"

Posted by Ace on October 29, 2001 at 13:38:00:

In Reply to: Re: MCI Increase posted by JJ on October 25, 2001 at 23:24:10:

then it's not considered "not legal". The LL can LEGALLY terminate the tenancy as soon as the day AFTER the rent is due, for example, rent due Monday the 1st, given Tuesday the 2nd. If Tenant has been late several times before, then all the more reason for LL to say, "Sorry, tired of being the nice guy here. If you can stick to the books when you see fit, then so can I."

From Nolo Press:

By custom, leases and rental agreements usually require rent to be paid monthly, in advance. Often rent is due on the first day of the month. However, it is legal for a landlord to require rent to be paid at different intervals or on a different day of the month. Unless the lease or rental agreement specifies otherwise, there is no legally-recognized grace period -- in other words, if a tenant hasn't paid the rent on time, the landlord can usually terminate the tenancy the day after it is due. Some landlords charge fees for late payment of rent or for bounced checks; these fees are usually legal if they are reasonable. The laws on late fees can be found in your state's landlord-tenant statutes.

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