5 Day Notice to Pay Rent or Lease Terminates - Nonresidential or Commercial from Landlord to Tenant
§ 5502. Landlord remedies for failure to pay rent.
(a) A landlord or the landlord's agent may, any time
after rent is due, including the time period between the date the rent
is due and the date under this Code when late fees may be imposed,
demand payment thereof and notify the tenant in writing that unless payment
is made within a time mentioned in such notice, to be not less than 5
days after the date notice was given or sent, the rental agreement
shall be terminated. If the tenant remains in default, the landlord may
thereafter bring an action for summary possession of the dwelling unit
or any other proper proceeding, action or suit for possession.
(b) A landlord or the landlord's agent may bring an
action for rent alone at any time after the landlord has demanded payment
of past-due rent and has notified the tenant of the landlord's intention
to bring such an action. This action may include late charges, which have
accrued as additional rent.
(c) If a tenant pays all rent due before the landlord
has initiated an action against the tenant and the landlord accepts such
payment without a written reservation of rights, the landlord may not then
initiate an action for summary possession or for failure to pay rent.
(d) If a tenant pays all rent due after the landlord
has initiated an action for nonpayment or late payment of rent against
the tenant and the landlord accepts such payment without a written reservation
of rights, then the landlord may not maintain that action for past due
rent.