This Briggs & Stratton home generator provides reliable This Briggs & Stratton home generator provides reliable backup power for homeowners during a power outage. This generator makes sure your appliances stay on so you and your family arenât left in the dark.
Percentage late fee: A percentage late fee is calculated as a percentage of the rent payment and ranges from 4 to 8 percent of the monthly rental rate. The customary late fee percentage for late rent payments is either 5 or 6 percent, but be aware that some states have legal limits on late charges expressed as a percentage of the rent.
Can you deduct late fees from a security deposit? The late fee is $10 per day for rent not received after the 1st day of the month. If you never gave the tenant a late fee notice and they were late every month can you still take it out of their security deposit once their lease is up.