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My lease states that rent is due on the first of the month and that a fee will be charged it is 5 or more days late. Does that mean I will be charged a late fee if I pay it on the 5th?

2006-10-04 10:53:11 · 7 answers · asked by Miss T 2 in Home & Garden Other - Home & Garden

7 answers

If your lease states you have a 5 day grace period, that usually means your payment is late after the close of business on the 1st; however you are not assessed a late fee until after the close of business on the fifth day.

2006-10-04 10:58:47 · answer #1 · answered by commonsince76 3 · 0 0

I would say on the 5th day, you are 5 days late, and probably would be charged a late charge. don't risk finding out by waiting till the 5th.

2006-10-04 10:56:54 · answer #2 · answered by DeeDee 6 · 0 0

No - late fee will be charged if you pay on the 6th.

2006-10-04 10:55:05 · answer #3 · answered by Anonymous · 0 0

I think it also means that you need to have it postmarked if you are mailing it by the 5th in order not to owe a late fee.

2006-10-04 13:56:20 · answer #4 · answered by Michelle G 5 · 0 0

no the 5th day would be the 6th you woulsd have to pay a late fee on the 7th

2006-10-08 08:22:56 · answer #5 · answered by Anonymous · 0 0

it should be charged after the sith day but if you can, pay it a day early to avoid the fee..i got caught in that trap a couple of times...

2006-10-04 11:03:12 · answer #6 · answered by stardust792004 3 · 0 0

Your English is fine. you want to call the areas that everyone uses- kitchen, living room, laundry, etc. "common" areas. You will want a receipt for your $500.00 payment, from the landlord. You can buy a lease from Office Max or Staples that is pre-printed, and cross out all the things that don't apply. You don't need to write one yourself. good luck@ your temporary home.

2016-03-27 05:06:17 · answer #7 · answered by ? 4 · 0 0

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