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- Renting out to tenants can be very complicated at times. One of the worst things that landlords have to deal with is an irresponsible tenant. Although tenants agree to a set of terms in the lease agreement, they dont always comply with them. And a very common issue that landlords must deal with is a tenant who doesnt pay rent on time. When rent isnt paid on time or at all, the landlord or property manager must find a way to deal with it. And the way that most choose to deal with it is by charging late rent fees. In this video, we will go over what late rent fees are, how to calculate them and much more. (mellow music) (electronic chiming) The Complete Guide to Late Rent Fees for Landlords. So what are late rent fees? Although a late fee seems pretty straightforward, every situation is different. This is why its important to analyze your own case to be able to determine how to handle late fees for rent. One of the most important steps in charging late rent fees is to make sure tha