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Hi - Do you have policies around late fees for tenants who don't pay maintnance or other charges? If so, what is reasonable? Thanks!
Join the Conversation Comments (2)We have just started back up with our Late fees since the Pandemic. After the 15th of the month, your maintenance is late. We assess a $50.00 late fee everytime the pymt is late across the board.
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My old co-op used to charge $75 a month as a late fee if you missed your maintenance. I know they didn’t do this during the pandemic.
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Board Talk members who registered prior to March 9th, 2016 will need to reset their password.