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Mary Nessie from IMT Realty discusses the importance of sending late notices to tenants in Connecticut. A late fee can be charged 10 days after the due date. This process helps in training tenants to pay on time and prevents them from pushing the due date further. It is suggested to have all rents due on the 1st of the month to simplify the process. Legally, late fees can be charged by the 10th of the month as stated in the lease agreement.