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Re: LPA Lease Late Fee Clause
by Garry (Iowa)
on June 19, 2018 @12:59
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Some states address late fees in their LL/T laws, and others don't. First, check Nevada's codes to be sure you are within the law. As far as enforcement, you should have it in your lease that late fees are collected FIRST, before any rent is accepted by you----so, either on-the-spot when they pay rent for a current month, or the next month, when they come to pay rent. That may also leave them owing a small amount (say $40) for rent, of which you possibly could give them a 3 day notice to pay or quit, if they didn't bring enough money along to pay both rent and late fee.
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