How to set up late fee over the cummulated overdue amount to be charge monthly?

If you have a tenant that has not paid the last 3 months, does the late fee apply over each of the monthly rental amount or over the cummulated rental amount (Which is overdue) 
Thanks!!

Answers

  • saypyramid
    saypyramid Registered User
    If you have a tenant that has not paid the last 3 months, does the late fee apply over each of the monthly rental amount or over the cummulated rental amount (Which is overdue) 
    Thanks!!

    Late fees typically apply to each month's overdue rent separately, not the total accumulated amount. Check your lease agreement for specifics.

  • hootpotato
    hootpotato Unconfirmed, Registered User
    If you have a tenant that has not paid the last 3 months, does the late fee apply over each of the monthly rental amount or over the cummulated rental amount (Which is overdue) 
    Thanks!!
    It depends on the terms outlined in the lease agreement. Late fees are usually charged either per missed month or on the total overdue amount.
  • judgmentalflint
    judgmentalflint Unconfirmed, Registered User
    edited July 1
    CarlosLonghi_1089 bitlife online  Does the late fee apply to each monthly rental amount or to the whole rental amount if your tenant hasn't paid for the past three months?
  • clara167
    clara167 Unconfirmed, Registered User

    One entertaining clicking game that is quickly becoming popular around the world is Capybara Clicker. Thanks to its appealing visuals and easy gameplay, Capybara Clicker is a great way to unwind and have fun. Learn about the game's top features, gameplay, and why you need to give it a go right this second by reading this article.

  • chickenjockeyclicker
    chickenjockeyclicker Registered User
    CarlosLonghi_1089 chicken jockey clicker game  Does the late fee apply to each monthly rental amount or to the whole rental amount if your tenant hasn't paid for the past three months?

    It usually depends on the lease terms. Most agreements apply the late fee to each missed monthly payment separately, so three unpaid months could mean three separate late fees.

© 2018 SiteLink Software, LLC. All Rights Reserved

Terms of Use  |  Privacy Policy   |  Cookies Policy   |  Help  |  Contact Community Manager   |  Change Marketplace Ads