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.
Flat fee: The most common late charge is a flat fee, which can be any set amount (within legal limits), due immediately after the grace period. Typical flat fees range from $30 to $100 and are usually set at 4 to 6 percent of the monthly rental rate.