Late rent penalizes property owners who need to pay their mortgages on time and may rely on rental income in order to pay. If your tenants fail to pay rent on time, a delinquent rent notice may make them shape up. Learn what a notice of past due rent should say and how it protects your interests.
What Is a Past Due Rent Notice?
A late rent payment letter varies in tone from a friendly reminder that rent is late to a strongly worded demand for immediate payment. The letter is typically delivered via first-class mail as well as certified mail, so you have a return receipt that proves the renter received the notice.
If you have responsible tenants who have never before paid their rent late, keep things friendly at first. This was probably an honest mistake, and a nice letter will get you prompt rent payment without souring relations.
On the other hand, if your tenants have a pattern of paying rent a few days late, you need to be firm in your demands. A delinquent rent notice that insists upon immediate payment and assesses a late fee can get tenants back on track. This letter should also inform your renters that if they do not pay the back due rent immediately, you will initiate eviction proceedings.
Any time there is a threat of eviction, it’s vital that you have a lawyers support. This includes using forms recommended by landlord-tenant attorneys. If you create your own rent collection letter, you run the risk of violating a law.
landlord-forms/”>landlord forms, including a late rent notice template. Download and customize your late rent letter in minutes, serve your tenants with the notice, and let them know you won’t stand for late rent.
Our late rent form is selected by attorneys and offered at a low cost to property owners. Why pay an attorney to customize a form for you, when you can save yourself time and money?