yes! Grace periods are terms in a rental agreement whether written or oral. If the agreement is that rent is due on a day certain then rent is due on that date and late if paid after that date
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Yes, rent is considered "late" if not paid on the date set forth in the lease or rental agreement. Therefore, you are in default even if you are only one day late in payment of rent that month. You are not entitled to a grace period.
Frank W. Chen has been licensed to practice law in California since 1988. The information presented here is general in nature and is not intended, nor should be construed, as legal advice for a particular case. This Avvo.com posting does not create any attorney-client relationship with the author. For specific advice about your particular situation, please consult with your own attorney.Ask a similar question