No. If you don't pay you will be considered delinquent. The default will be reported to your credit record. There may be late fees added.No. If you don't pay you will be considered delinquent. The default will be reported to your credit record. There may be late fees added.No. If you don't pay you will be considered delinquent. The default will be reported to your credit record. There may be late fees added.No. If you don't pay you will be considered delinquent. The default will be reported to your credit record. There may be late fees added.
From my understanding of the laws in the state of Georgia (USA) as far as a home/property rental, there is no limit on the late fee so long as the late fee has been agreed upon by the tenant and landlord in the signed lease. If there is no late fee mentioned in the lease, the landlord can not just decide to charge one and make one up. From the State of Georgia's Department of Community Affairs' (DCA) Landlord-Tenant Handbook: The date the rent is due should be stated in your lease or agreed upon by the landlord and tenant. There is no law which specifies any grace period or designates a rent due date. Rather, a grace period is a matter of agreement between the landlord and tenant. It allows the tenant extra time in which to pay the rent without breaching the lease or rental agreement. The landlord and tenant may agree to any grace period they choose or they can agree not to have a grace period. In addition, a grace period may be created based on the landlord's conduct of accepting late rent over the course of several months without charging a penalty. If a tenant fails to pay the rent by the required date, including the time allowed for a grace period, the landlord may charge a late fee if the late fee is provided for in the lease. If the lease does not allow for a late fee, the landlord is not allowed to impose such a fee. The amount of the late fee will be the amount agreed upon by the landlord and tenant in the lease itself.
This is tricky as some jurisdictions prohibit charging late fees in general. Others do not consider them as "rent" but more of a penalty for being late. Assuming the landlord accepted the rent check, and cashed it, they have continued the tenancy.
Get a copy of your lease and check what it says about late payments. Most do charge late fees and if you are late a number of times, they evict you. If the fees are beyond that, check the Landlord and Tenant laws for your state. Rent is a fixed expense and there is usually no latitude as to when it is due regardless of your situation.
If it so states on your lease, your Apartment Complex (Landlord) can charge fines and fees other than late fees, for example, for improper disposal of your garbage; emergency access if you don't have your key, etc.
Check your agreement. It is at his convenience that he accepts late payments with fees. There probably is a statement about how many times he has to tolerate late payments--if at all. Better for you to reexamine your payment habits and make sure all in the future are timely.
That would depend on the Laws of your country. As you have not told us this we can not give you a precise answer. If you need a precise answer relating to your circumstances then you should speak to a solicitor/attorney.
Yes, it is considered late because you didn't pay the full amount due. Plus, they can add late fees on as well.
no on the commercial it says no late-fees
if your tenant owes you back rent and/or late fees, yes you can file with the magistrate court for a judgment against them and provided you have the correct banking information, you can levy their bank account.
If their billing agreements call for it, late payment fees can be charged by anyone.
If the payment is received after the due date, late fees can be charged.