You should first refer to the terms of your Lease Agreement. In most cases, roommates are considered “tenants in common” and are joint and severally responsible for the terms of the Lease Agreement and all parties named on the lease are responsible for the rent. Check with your landlord to see if you can make arrangements to have another party … Read More
When are Late Fees charged?
Unless otherwise noted in the Lease Agreement, Rent is due on the 1st of each month. If Rent is not paid by 5pm on the 14th of the month a Late Fee of 10% of the Rent amount that has not been paid will be assessed.
When is Rent due?
Unless otherwise noted in the Lease Agreement, Rent is due on the 1st of the month and must be received by the 14th of the month or it is considered late. If Rent is received after the 14th of the month, a late fee of 10% will be assessed, per the Lease Agreement, to the total rent amount due that … Read More
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