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Landlord Newsletter - Urgent Late Notice - State Limitations

The LPA Newsletter
January 14, 2014

Dear Fellow Landlord,

Many landlords I know are constantly struggling in an effort to enforce timely rent payments from their tenants or to collect the late fees as stated in their leases. I hope you find the free form and articles in this issue helpful!

In this newsletter:

  • Free Download - Urgent Late Notice Eviction Status Warning (Limited time!)
  • State Late Fee Limitations?
  • LPA Lease Clause #3: Late Fees
  • How to Enforce Late Fees When the tenant won't pay them
  • Ask the Eviction Attorney

Please e-mail us if you have any questions or would like to add or share any material / information. Have a great month!
John Nuzzolese
John@theLPA.com

"The best way to avoid tenant problems is to avoid problem tenants." - John Nuzzolese

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How many times have you received late rent without a late fee?


FREE DOWNLOAD
URGENT Late Notice - Eviction Status Warning

A Late Notice is one thing, but an Urgent Late Notice is pretty serious. This form was modeled after a 72 Hour Notice of Eviction posted by our Sheriffs Dept. It is often used by landlords for rent collection instead of a Notice to Pay Rent or Quit.

We have found the Urgent Late Notice to be one of our most effective forms in getting the tenants to pay the rent and the late charge.

The Urgent Late Notice Eviction Status Warning includes the following features:

  • Puts the residents in default on notice that their account is now classified as being in "EVICTION STATUS"

  • Identifies the tenants with their social security numbers and address

  • Summarizes all initial and daily late charges due

  • Warns the tenants of additional pending collection and legal fees

  • Formally makes a Demand for Payment. Many courts will delay your eviction without an actual "Demand for Payment".

  • Also has space for additional items, comments, lease violation penalties

  • Gives a deadline date for all rents and other charges due to be paid

  • If not paid by the specified date, they may pay all charges in court to avoid eviction

  • Requests immediate telephone contact

  • Documents the Certified mail article #

  • Urges tenants to protect their credit

To see more lease enforcement forms, please click here



FREE DOWNLOAD

enforce your lease. Collect your late charges.URGENT LATE NOTICE - Eviction Status Warning!

"Don't you hate having to ask for the rent? It should be paid as agreed in the lease!"

Legal Disclaimer


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LPA Lease Clause #3: Late Fees


One of the most important elements in modern residential leases today is the Late Fee clause. In order to encourage timely rent and discourage late payments, you should have a solid late charge clause. Having the clause in your lease is only part of protecting yourself against late rent.

click for the full article...

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State by State Limitations on Late Fees and other Important Lease Clause Inserts

How many days should pass before I charge my tenant a late fee?
And is there a limit on how much I can charge? The LPA State Lease Clause Index will allow you look up your state requirements and limitations if any concerning late fees.



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How to Enforce Late Fees
when the Tenant won't pay them willingly...

Have you ever had a tenant who pays the rent late, but always ignores the late fee? How about when you repeatedly send late fee notices? Are those notices ignored too? Don't you just hate that?

Get the FULL rent!You are not alone. I know the feeling. Many, many landlords experience this frustration.

Because the tenant pays the rent, though late, most landlords are willing to let it slide. You may be tempted to look the other way, reasoning that the tenant isn't so bad. "At least the rent is getting paid", you might think. Why rock the boat, right? "At least I'm not dealing with an eviction... yet."

You might also be thinking that you can collect these unpaid charges from the security deposit...

Click to read more about How to Get Your Late Fees PAID!



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Ask the Attorney

The Landlord Protection AgencyThe Landlord Protection Agency® presents John Reno, Esq., a highly experienced Landlord - Tenant attorney based on Long Island, NY.

John Reno also does Mortgage Loan Modifications (Nationwide).
(Mention The LPA for a 10% discount!)

Dear Mr. Reno:
I own a condo in NYC on W151st Street (Manhattan). I have a standard Bloomberg condo lease. Is the paragraph #17 of the lease enforceable?....

"If the landlord wants to sell the Unit Landord shall have the right to end this lease by giving 30 days notice to Tenant. If Landord gives Tenant that notice then the lease will end and Tenant must leave the unit at the end of the 30 days period in the notice."
Mark L., New York

A: I don't see a problem with it. Of course, it won't enforce itself (you would still have to commence a holdover eviction.)

If you have a landlord tenant problem you'd like to ask a question about, please feel free to e-mail me your question.
Submit a landlord / tenant question for Mr. Reno
Please try to keep your questions as short and to the point as possible.

Read more from John Reno, Eviction Attorney



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*Your Membership Expired? No Problem!



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If you haven't already, please take the opportunity to sign up for The LPA's Quick Check Credit Reports! Quick Check is a simple, fast way to access online credit reports while saving you money!

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