Rent checks are due on the 1st of the month and we have a generous grace period until the 5th of the month. Rent paid after the 5th is considered late is billed at $100 late fee plus $50 each day late. So rent paid on the 6th carries a $150 initial fee. Rent paid on the 7th is $200 total fee. Late fees must be paid as well to stop ongoing daily charges.