How to set up late fee over the cummulated overdue amount to be charge monthly?
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CarlosLonghi_1089
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!!
Thanks!!
0
Answers
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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.
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CarlosLonghi_1089 bitlife said: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!!
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@ 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?0
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