Landlord Question and Answer Forum
I have a tenant who is making a pattern of paying late. My lease states that she has a 5-day grace period. This is in the state of Arizona. I want to decrease the number of days grace period and I want to increase the late fee. So, I have two questions: 1) What is the minimum number of days grace period I have to give her in the state of Arizona? and 2) What is considered a "reasonable" late fee? Currently, I charge her $5 per day that the rent is late. I want to increase that fee to $25 to $30 dollars per day.
Any help would be appreciated.
Thanks,
Heather
Heather B, AZ on Tuesday, May 4, 2010
RE: tenant pays late
Heather, when you made up your lease on this website, it should have let you know what the AZ law limits are about late rent. I believe most if not all states give a tenants 5 days grace period. Also, I charge my NJ tenant 5% of the rent as a late fee. Also, if my tenants are late 3 times within a 12 month period it can be used as a cause for eviction. I hope this helps you somewhat.
Posted by
Beth T, FL
on
Friday, May 7, 2010
RE: tenant pays late
Thanks for your response, Beth.
I guess according to Arizona Revised Statutes, the minimum grace period is 5 days, which my lease does state. I guess my confusion lies in what actually constitutes a late payment. Twice she has paid within the 5 day grace period and once she has paid 7 days late. I guess legally her rent isn't late until after the 5 day grace?
Thanks, again.
Heather
Posted by
Heather B, AZ
on
Friday, May 7, 2010
RE: tenant pays late
I have dealt with this issue too. They have until the 6th of every month to pay. If I receive the check on the 7th it is considered late. At renewal time please look into how much of a percentage you can charge as a late fee. As I said, I am allowed to charge 5%, this may deter your tenants from paying late. Wishing you the best! Beth
Posted by
Beth T, FL
on
Friday, May 7, 2010
RE: tenant pays late
Thanks again, Beth.
Posted by
Heather B, AZ
on
Friday, May 7, 2010
Author:
Jacob W, WI
Updated:
06/24/2019
|
Author:
Harold P, MO
Updated:
12/15/2021
|
Author:
Jared B, UT
Updated:
11/09/2015
|
Author:
Troy D, WA
Updated:
12/09/2014
|
Author:
Scott H, IA
Updated:
02/11/2012
|
The forum is completely free to anyone! If you wish to post a message, you must
log in. If you are not registered already,
Join today to create a free account!
Any comments and opinions that are expressed by the users of this forum are solely
those of the authors, and have not been reviewed or approved by ezLandlordForms.