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Brooklyn Child Care, Inc. VA NY Harbor Healthcare System Brooklyn Campus 800 Poly Place Brooklyn, New York 11209 7186302831 http://www.brooklyn.va.gov/services/daycare.aspNEW Late Fee Addendum September
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How to fill out new late fee addendum

01
Obtain a copy of the new late fee addendum form.
02
Review the terms and conditions of the addendum.
03
Fill in the required fields such as the tenant's name, property address, and lease agreement details.
04
Specify the new late fee amount and the terms under which it will be charged.
05
Attach any additional documents if necessary.
06
Sign and date the addendum.
07
Provide a copy of the addendum to the tenant and keep a copy for your records.

Who needs new late fee addendum?

01
Landlords or property managers who wish to revise and update the late fee policy in an existing lease agreement.
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The new late fee addendum is a form that landlords must attach to lease agreements when specifying late fees to be charged for late rental payments.
Landlords are required to file the new late fee addendum when they impose late fees on rental payments.
To fill out the new late fee addendum, landlords must provide details such as the rental property's address, the specified late fee amount, and any grace period allowed for late payments.
The purpose of the new late fee addendum is to ensure transparency between landlords and tenants regarding late fees, helping to prevent disputes and legal issues.
The new late fee addendum must report the amount of the late fee, the due date for rental payments, the grace period, and the total cost if the payment is not received on time.
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