By
eHow Personal Finance Editor
Difficulty: Moderately Easy
Things You’ll Need:
Step1
Review your lease or rental agreement for clauses about late fees. Find out exactly what action your landlord may take under the terms of your contract.
Step2
Resolve to pay a late fee if your contract explicitly states that your landlord may impose them. Otherwise, your landlord cannot legally require you to pay a late fee (see Tips).
Step3
Write a letter to your landlord explaining your situation and asking for some extra time. If possible, try not to ask for more than a few days.
Step4
Emphasize that your problems are temporary and reassure the landlord that in the future you'll be able to pay the rent on time.
Step5
Agree to pay a portion of the rent immediately, if possible, and promise to pay the balance by a specific date.
Comments
Anonymous said
on 1/9/2008 As a landlady, I charge my tenants a 4% late fee for any rent late beyond the fifth business day. If they cannot give all the fees at once, I recommend that they pay it in two parts. The fees are a must, very often tenants never pay their rent on time. Mortgage lenders charges a fees with no exception at all.
Anonymous said
on 3/11/2006 As a landlady, I charge my tenants a 4% late fee for any rent beyond the fifth business day. If they cannot give all the fees at once, I recommend that they pay it in two parts. The fees are a must! Very often tenants never pay their rent on time. Mortgage lenders charge a fee with no exception at all.