Late Fees being charged even though I'm not late
My landlord uses a reale estate company to manage his property. In my lease it clearly states that your rent is late if payment is made 5 days after the due date (which makes it late after the 6th of each month). Can my landlord lawfully charge me a late fee for paying on the 6th day? And, they don't have a drop box so he says if we try to pay after their office hours it's our fault not theirs. This has to be illegal!!
Re: Late Fees even though I'm not late
My lease states that "rent is due on the first day af each month. In addition to rent, the tenant shall pay a late charge in the amount of $75.00 for each rent payment made five (5) days after the day it is due”.
Does this mean that my rent is considered late on the 6th of each month and not the 5th. Because five days after the due date (1st ) is the 6th. Am I missing this one totally? Someone please help me with the interpretation of this.