How to set up late fee over the cummulated overdue amount to be charge monthly?
Thanks!!
Answers
-
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.
0 -
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!!
0 -
@ 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
-
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.
-1 -
judgmentalflint said:@ 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.
0
Categories
- All Categories
- 2 What's New
- SiteLink Community Discussions
- 2K SiteLink General Discussions
- 82 SiteLink myHub
- 48 Lead to Lease
- 16 Price Optimization
- 37 SiteLink Certified Professional
- 197 How-To's
- 97 Training Videos
- 7 Other Resources
- 91 SiteLink, SpareFoot & storEDGE merge
- Self-Storage Operations
- 65 Starting Out in Self-Storage
- 3 3rd Party Management
- 227 Regional Discussions
- 191 Miscellaneous Discussions
- 40 Industry Webinars
- SiteLink Marketplace
- 63 Self-Storage Website Design & Listing Services
- 35 Credit Cards & Payment Processing
- 32 Self-Storage Call Centers & Kiosks
- 46 Notifications, SMS & Phone Integrations
- 65 Self-Storage Insurance, Legal & Auctions
- 11 Self-Storage Revenue Management & Analytics
- 26 Gates & Access for Self-Storage Facilities
- 12 Ancillary Services for Self-Storage Facilites
- Self-Storage Times
- 62 News
- 31 Opinion
- 147 Lifestyle