There may be some instances where a tenant withholds rent, such as if the landlord has failed to complete major maintenance issues. A past-due rent notice acts as an important reminder of the tenant’s legal obligation in regard to the current lease agreement and is also where you will want to outline any late fees that may have been accrued. This notice is also important for your records, should tenants continuously pay the rent late.
About Past-Due Rent NoticesĪlso referred to as a late rent notice, a past-due rent notice is a letter that informs current tenants that they are late on their obligation to pay the rent in any particular payment period. In this article, we take a closer look at what a past-due rent notice is, when to use one, and how you can avoid late rent in the future.
Sending a past-due rent notice to your tenants can be an effective way to remind your tenants of owed rent and encourage future on-time payments. A past-due rent notice is a letter informing and reminding your tenant that the rent is late.
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