Am I subject to a late fee if I drop my rent in the property management box?
I dropped my rent payment in their box at about 4pm on the 5th which is a Sunday when the office is closed. Monday, the 6th, is a holiday and I just noticed a sign on the door saying they will be closed for that as well. Am I subject to a late payment even though my grace period expires at midnight on the 5th? But they will not receive my payment until the morning of the 7th?
The late fee is astronomical. I live in San Diego where I my understanding is that late fees are illegal but they charge 10% of your rent for late fees. (Which is $119.50 for me) I can't imagine they incur that much "damage" for a rent being paid a day late?