Common use of LATE FEES AND DISHONORED CHECKS Clause in Contracts

LATE FEES AND DISHONORED CHECKS. Tenants shall pay Landlord a late fee of $20.00 when a rental installment is not received by the 3rd day of the month and an additional late fee of $30.00 when a rental installment is not received by the 10th day of the month. Partial payment of a rental installment does not xxxxx late fees. In addition to late fees, Tenants shall pay Landlord $25.00 for each check to Landlord that is dishonored and each rejected electronic payment. Late fees, dishonored check fees, and rejected electronic payment fees shall be paid by the first of the calendar month following the month in which they accrue and are deemed to be Rent as of that date.

Appears in 2 contracts

Samples: Residential Lease, Residential Lease

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LATE FEES AND DISHONORED CHECKS. Tenants shall pay Landlord a late fee of $20.00 when a rental installment is not received by the 3rd day of the month and an additional late fee of $30.00 when a rental installment is not received by the 10th day of the month. Partial payment of a rental installment does not xxxxx late fees. In addition to late fees, Tenants shall pay Landlord $25.00 50.00 for each check to Landlord that is dishonored and each rejected electronic payment. Late fees, dishonored check fees, and rejected electronic payment fees shall be paid by the first of the calendar month following the month in which they accrue and are deemed to be Rent as of that date.

Appears in 2 contracts

Samples: Residential Lease, Residential Lease

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