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Re: Late Fee -How much do you charge?
by Rick (Texas)
on October 8, 2015 @13:14
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Texas law says that a landlord must give at least one grace day.
Texas law now requires late fees to be in a written lease agreement to be charged, and recognizes that tenants should have a grace period before any late fee can be charged. The grace period is one day at present. So, if your rent was due on the 1st, the late fee cannot be charged until the 3rd day of the month. Section 92.019, Property Code.
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