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.
For example: If your monthly lease runs from the first of a month to the last day of a month (assume 30 days in the month) and you move in on the fifth of the month, the landlord should charge you for only 25 days of rent. If the rent is $1,000 per month: $1,000 divided by 30 days = $33.33 per day (or the per diem).enerally, courts see 5% of the total rent and under as reasonable or a FIXED DOLLAR AMOUNT. LAWS VARY BY STATE and on what balance the 5% may be on or how the late fee may be applied. If you charge a late fee, you must indicate this in the lease. Tenants, READ YOUR LEASE BEFORE YOU SIGN and PAY RENT ON TIME.