Landlord Question and Answer Forum
Have a situation where the lease states rent is due on the 1st, late after the 3rd, with a late fee applying on the 4th. There is no written grace period but isn't there an implied 3 day grace period?
Cheri J, GA on Sunday, April 3, 2016
RE: Late Rent
Yes that is stated pretty clearly if it is written as you posted. Do not let the tenant have more than those days to properly instill the professional business side of renting your property.
Posted by
Richard W, PA
on
Sunday, April 3, 2016
RE: Late Rent
Georgia does not have a law for grace periods, it is up to the landlord.
I always state in my leases that rent is due on or before the first.
I do have a section about late fees with days very similar to how you have said yours is set up, mainly for my good tenants that are rarely late. Under that I have “There is no grace period for late rent, eviction proceedings may occur.”
I go over this with each new tenant and usually have good results.
Posted by
Cynthia H, GA
on
Friday, April 8, 2016
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