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A notice of current rent balance is an official document used by landlords to inform tenants of unpaid rent. This notice is important for landlords and can be crucial in legal proceedings regarding tenant issues. Rent is typically due on a date specified in the lease agreement, often the first of the month, but landlords and tenants can agree on a different date. A rent balance notice can be issued once the due date has passed; however, some states offer a grace period before rent is considered late. For specific rent due dates and rules, refer to the link in the video description. It may also be impractical to issue a rent balance notice immediately after the due date.
