1. When is Rent Due?
Rent is due on the 1st day of each month, unless otherwise specified in your lease agreement.
2. Is There a Grace Period?
Yes. There is a 5-day grace period. This means rent is not considered late until end of the 6th of the month.
3. When Are Late Fees Charged?
If rent is not paid by the end of the grace period, a late fee will be posted on the 7th of the month.
4. How Much Is the Late Fee?
Late fees do apply if rent is not paid on time.
The amount and specific terms are outlined in your lease agreement. Please refer to your lease for exact details.
📌 Disclaimer:
The information above is general. Your lease agreement and local laws may define different terms and conditions. Always refer to your lease and local regulations for the most accurate information.