by Simone & Associates | Feb 12, 2020 | Uncategorized
Q: This is my first time renting out my residential unit. The late fee provision in my Lease allows me to charge a percentage of the rent or a flat fee. How much can I charge for the late fee? A: Your late fee should be no more than 6% of the monthly rent. For...
by Simone & Associates | Feb 12, 2020 | Uncategorized, Moving Out, Security Deposit
Q: What can I do if my tenant still owes me money after I applied the security deposit to the outstanding balance for unpaid rent and necessary costs to clean and repair the rental unit? A. First, you will need to fill out a security deposit itemization for back...
by Simone & Associates | Feb 12, 2020 | Uncategorized
Q: My tenant is requesting to add a roommate to her lease. Do I have to allow my tenant to have a roommate? A: It depends on the terms of your lease. As a landlord, you may include a clause in your lease or rental agreement that authorizes or prohibits your...
by Simone & Associates | Feb 12, 2020 | Uncategorized
Q: I rent a residential unit to a tenant on an oral agreement. The rent is due on the 1st of every month. The tenant keeps paying late and I want to charge him late fees. Can I do this? A: No, you cannot charge a late fee without a proper late fee provision in a...
