4.Rent.Your lease or rental agreement sholu specify the amount of rent,when it is due(typically,the first of the month)and how it's to be paid,such as by mail to your office.To avoid confusion and head off disputes with tenants,spell out details such as:
- acceptable payment methods (such as personal check only)
- whether late fees will be due if rent is not paid on time,the amount of the fee and whether there's any grace period,and
- any charges if a rent check bounces.