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.
OTHER METHODS. DAILY AMOUNT-The landlord may charge a daily amount as a late fee ($10 per day, as an example). SIMPLE INTEREST-The Landlord may be able to charge simple interest, which is a percentage (use 6% as an example) of the rent that due.OW MUCH SHOULD THE LATE FEE BE. Since not all states regulate LATE RENT PAYMENT FEES, it is up to the landlord to decide how much to charge. The general rule of thumb is a REASONABLE or FAIR fee, regardless of which method is used.