What can a tenant do to avoid late fees?

Prepare for the RECA Property Management Exam with multiple choice questions that offer hints and explanations. Ace your exam!

Submitting rent payments early is the most effective way for a tenant to avoid late fees. By paying rent before the due date, a tenant ensures that their payment is processed and credited without any delays that could occur close to the deadline. This proactive approach not only helps to maintain a good relationship with the landlord but also keeps the tenant in good standing, preventing any additional costs or penalties that could arise from late payments.

While requesting a waiver for late fees is an option, relying on this approach doesn't guarantee that the waiver will be granted and is only applicable after a late payment has already occurred. Increasing the length of a lease does not impact the timing of payment; it simply extends the rental agreement and does not influence payment deadlines. Consulting neighbors about payment schedules provides no direct benefit and does not address the need to make payments on time. Thus, early payment stands out as the most reliable strategy for tenants to avoid incurring late fees.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy