Common use of Late Payments from Tenants Clause in Contracts

Late Payments from Tenants. Any lease with Tenant shall include a 5% late rent fee in the event Tenant rent is not received by the 5th day of each month. All late fees shall be paid to Manager.

Appears in 11 contracts

Samples: Property Management Agreement, Property Management Agreement, Property Management Agreement

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Late Payments from Tenants. Any lease with Tenant shall include a 510% late rent fee in the event Tenant rent is not received by the 5th day of each month. All late fees shall be paid to Manager.

Appears in 6 contracts

Samples: Property Management Agreement, Property Management Agreement, Property Management Agreement

Late Payments from Tenants. Any lease with Tenant shall include a 5% late rent fee in the event Tenant rent is not received by the 5th day of each month. All late fees shall be paid to Managerand retained by manager.

Appears in 3 contracts

Samples: Property Management Agreement, Property Management Agreement, Property Management Agreement

Late Payments from Tenants. Any lease with Tenant shall include a 5% late rent fee in the event that the Tenant rent is not received by the 5th day of each month. All late fees shall be paid kept by the Manager to Managerassist in the collection of rent process.

Appears in 1 contract

Samples: freepdf-books.com

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Late Payments from Tenants. Any lease Lease with Tenant shall include a 5% $50.00 late rent fee in the event Tenant rent is not received by the 5th day of each month. To the extent State law does not permit a late fee of $50.00, the late fee shall be limited to the maximum amount allowable by law. To the extent Manager is not involved until the Lease has been executed, this fee shall still apply, and Owner shall amend the lease accordingly or this fee shall be deducted from amounts due to Owner. All late fees shall be paid to Manager.

Appears in 1 contract

Samples: Property Management Agreement

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