أسئلة وأجوبة
Can landlord charge 15% late fee for rent renewal check?
Dear Sir/Madam,
My contract expires in November, and I was supposed to pay the renewal checks by October 4th.
However, I submitted them on October 7th. Now my landlord is penalizing me with a 15% fee.
Is this a rule according to RERA?
Dear Client,
Thanks for your question! I hope you are doing well. I will definitely assist you in this matter.
The 15% penalty for late renewal or cheque submission may be valid if mentioned in your lease agreement or governed by your landlord's policies.
Review your lease agreement and consider discussing it with your landlord if you believe the penalty is excessive or unfair.
Always understand the terms of your lease agreement before signing.
For any further legal assistance, you can WhatsApp us. We have an extensive team of knowledgeable and experienced lawyers to provide the legal assistance you need.
We will definitely be happy to help you.
Thanks & Regards,
ABDUL WAHIED