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late fees: How Much Should The Late Fee Be on Your Rental Agreement? - 05/22/08 12:56 AM

What is a proper and legal amount to charge a tenant when the rent is not paid as agreed?
Many landlords and property managers employ late fees to penalize their tenant for the added risk of a late payment.  Some charge a flat fee and some a percentage of the … (14 comments)

late fees: When is the Rent Due and When is the Rent Late? - 05/21/08 01:04 AM

When starting a tenancy a landlord has to figure out when rent is due and when it is late.  It makes sense to have all rents due on the first of each month no matter what day the tenant took possession and no matter when the lease ends.  This is … (2 comments)

late fees: Who keeps late fees? - 03/15/08 11:19 PM
Property management companies around the country have different policies on who keeps late fees paid by the tenant.  Late fees are charged to tenants when they pay their rent late.  Who keeps the collected late fees is a contractual matter between the owner and their property manager.  Most management companies have … (3 comments)

 
Property Manager: Robert Machado, CPM MPM Sacramento Area Property Manager and Property Management (HomePointe Property Management, CRMC)
Robert Machado, CPM MPM Sacramento Area Property Manager and Property Management
Sacramento, CA
More about me…
HomePointe Property Management, CRMC

Office Phone: (916) 429-1205 Ext.: 105
Cell Phone: (916) 531-5896
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