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In this video, Mary Nessie from IMT Realty discusses the importance of late notices and fees for tenants in Connecticut. She emphasizes the significance of charging late fees after 10 days past the due date to encourage timely rent payments. Allowing tenants to delay payments can lead to ongoing issues with timely payments. She suggests that having leases start on the 1st of the month simplifies the process, as it standardizes due dates. By the 10th of the month, landlords are legally permitted to impose late fees as specified in the lease agreements. This practice helps establish good payment habits among tenants.