Ask Experts Questions for FREE Help!
  Advanced
Register  |  Log in  
   Ask    
 Answer  
  Help  

Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
Free Answers in 3 Easy Steps

Register Now
3 Steps

At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.

Home > Law > Real Estate Law   »   Partial Rent Payments and Late Fees

 
Question Tools Search this Question Display Modes
Question
 
 
#1  
Old Oct 22, 2006, 12:06 AM
juanv225
New Member
juanv225 is offline
 
Join Date: Oct 2006
Posts: 1
juanv225 See this member's comment history on his/her Profile page.
Partial Rent Payments and Late Fees

I live in VA and my landlord accepts what I would call "partial" payments on monthly rent. I write a rent check and my roommate writes a check for each part. Our lease is a "simple terms" lease and states the following under the Late Fees:

"If you fail to pay the rent in full before the end of the 5th day of the month, you will pay us, as additional rent, a late fee of 10% of the monthly rent after the 5th of the month. The late fee is due on the 6th of the month. We do not waive the right to require payment of the rent in full on the date it is due."

My question is that if one of our checks bounces, should we be required to pay the 10% of the entire base rent or just the rent check that bounced? To me, it does not clearly state that 10% is only of what was unpaid.

Someone please help!!! I need answers right away.

Reply With Quote
 
     

Answers
 
 
Old Oct 22, 2006, 04:46 AM   #2  
Ace High
Junior Member
Ace High is offline
 
Join Date: Oct 2006
Posts: 166
Ace High See this member's comment history on his/her Profile page.
"The Rent" is a designated amount agreed upon by both parties. (the landlord and tenant) Any disagreements would be based on the full amount unless specifically written otherwise. If I had a roommate who bounced a check causing the fee to happen, I would have that roommate pay the fee. --- Ace

Comments on this post
RickJ agrees: indeed.
  Reply With Quote
 
     
 
 
Old Oct 23, 2006, 05:16 AM   #3  
Cvillecpm
Senior Member
Cvillecpm is offline
 
Join Date: Jul 2006
Location: VA
Posts: 553
Cvillecpm See this member's comment history on his/her Profile page.
Yes - your rent was late. In VA, the lease document rules as there are no statutes on late rent fees/charges.

In my lease, you would owe a late fee AND a NSF check fee.
  Reply With Quote
 
     
 
 
Old Oct 23, 2006, 05:21 AM   #4  
ScottGem
Computer Expert
ScottGem is offline
 
ScottGem's Avatar
 
Join Date: Jan 2003
Location: LI, NY - USA
Posts: 22,612
ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.
Pay to call ScottGem for advice ($.75/min)
Call ScottGem via Skype™
Just to makje sure we're clear here. A rental is not considered paid until paid in full. Therefore, if any portion of the rent is unpaid, the entire rent is late.

So the rental would be late and a full late charge of 10% of the entire amount is due.

But I agree with Ace, the the roommate that bounced the check should pay the 10%.
  Reply With Quote
 
     


Question Tools Search this Question
Search this Question:

Advanced Search
Display Modes

 
Similar Sponsors

Similar Questions
Question Asker Topic Answers Last Post
Where's the partial clog? Tecumseh Plumbing 9 Jun 5, 2006 05:19 PM
Partial Inheritance Probatehelp Family Law 3 Apr 9, 2006 04:57 AM
late fees william1965 Other Law 7 Feb 17, 2006 06:50 PM
late fees button Bankruptcy & Debt 0 Feb 6, 2006 05:34 AM
Eviction vs Late Fees drgnmztr Real Estate Law 1 Jan 20, 2005 05:37 PM




Copyright ©2003 - 2007, Ask Me Help Desk.
All times are GMT -8. The time now is 02:08 AM.

Content Relevant URLs by vBSEO 3.0.0 RC6 © 2006, Crawlability, Inc.