Property address:
Federal and State laws mandate communication of any type of default concerning any Lease Agreement obligation or covenant. The following summarizes Lease Agreement section(s):
Postmark Date on envelope is . This communication attaches this document.
Payment Collection and Receipt item three (3): The postmark date on the envelope including the payment shall serve as the date the rent was received.
Rental Past Due Date Charge item one (1): In the event Lessee does not pay rent herein upon the due date hereof, the Lessee shall pay to the Owner a late fee in the sum of per day and, if any, other payable charges hereunder, must be added to this rent herein.
This amount, , is due and payable to the Owner.
Thank you for your anticipated cooperation concerning this legal subject.
This notice is for nonpayment of rent.
Your Lease Agreement section: Default, subsection: three (3):
Lessee fails to pay the Rent herein on the due date and the default continues for seven (7) days after the due date, Owner initiates the following:
Owner declares the unpaid rent balance $, as immediately due and payable. Please add Late Fee using Late Fee Calculation method explained below.
Your Lease Agreement page 4: section: Rental Past Due Date Charge:
In the event Lessee does not pay Rent herein upon the due date hereof, the Lessee shall pay to the Owner a late fee in the sum of and, if any, other payable charges hereunder, must be added to this Rent herein.
Number of days late = Date to Mail minus one day
Number of days late x $ = $.
Section 415.417.1 August 28, 2016 no greater than twenty percent of the monthly rental amount shall be deemed as reasonable.