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Mary Nessie from IMT Realty discusses the importance of timely late notices and fees for tenants in Connecticut. She emphasizes that sending late notices and charging late fees after a 10-day grace period helps instill a habit of on-time payments among tenants. Allowing tenants to delay payments can lead to consistent tardiness. Nessie prefers having all lease start dates on the 1st of the month, aligning with rent due dates, as it simplifies management. Landlords can legally charge a late fee starting on the 10th, as specified in their lease agreements, without needing to wait until that date has passed.