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HOW IT WORKS
Most of your tenants will be great, but sometimes the rent doesn't come in on time. That's when a Late Rent Notice can help. Sending this reminder is your first step to collect past due payment from a renter. Plus, it's in your best interest to get everything in writing if you need to take further legal action down the road.
As a responsible property owner or property manager, you need to keep good records, and this is especially true with financial matters. For example, if you send a Late Rent Notice, and you still don't get the rent you're owed, the notice will help establish a history of late or delinquent payments and your efforts to collect. If you need to eventually evict the tenant, it's helpful to have this history documented. Ideally, sending the notice will be all it takes to jog your tenant's memory and motivate him or her to pay the overdue rent. If you choose, you can also use a Late Rent Notice to request late fees as compensation.
Other names for this document: Past Due Letter, Late Notice for Rent, Late Rent Letter
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