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A notice of current rent balance is an official document used by landlords to inform tenants about unpaid rent. It is important for potential legal proceedings. Generally, rent is due on a specified date in the lease, often the first of the month, but this date can vary. A rent balance notice is appropriate once the due date passes without payment. However, some states have a grace period that extends the time before rent is considered late. For specific state due dates and rules, check the provided link in the video description. It's often advisable to consider the timing of sending a rent balance notice based on the situation.
