Do late fees apply when tenant pays part of rent on time? : ezLandlordForms

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Do late fees apply when tenant pays part of rent on time?

Judy G

started a topic about 13 years ago

I rent out a room in my home; my month-to-month rental agreement specifies late fees of $5/day up to $25 if rent is more than 5 days late. Does this automatically apply if the tenant pays only part of the rent on time, or do I need to amend the agreement to specify that late fees will be charged under these circumstances?

1 Comment

Brad S

said about 13 years ago

Yes, they need to pay all of the rent or it's late. Personally, I'm interested in getting paid and not collecting late fees. So I will usually say something like "I know it's been tough on you and you're trying, so if you can get me the rest of the rent by Friday, I won't charge you a late fee."