6. RENT AND CHARGES (last paragraph page 1 of lease)
“…you must pay your rent on or before the 1st day of each month (due date) with no grace period. Cash is unacceptable without our prior written permission. You must not withhold or offset rent unless authorized by statute. We may, at our option, require at any time that you pay all rent and other sums in cash, certified or cashier’s check, money order, or one monthly check rather than multiple checks. If you don’t pay all rent on or before the 5th day of the month, you’ll pay an initial late charge of $50 plus a late charge of $5.00 per day after that date until paid in full. Daily late charges will not exceed 15 days for any single month’s rent….”
WHAT THIS MEANS
Late fees are applied to your account after the 5th of the month and you may pay up to an additional $125 in late fees, depending on the date paid after the 5th. We may refuse partial payments.