This office lease clause is a fairly aggressive clause dealing with reentry and continuing access to the demised premises. This form covers several practical issues.
Wisconsin Aggressive Clause Dealing with Reentry and Continuing Access to the Demised Premises
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US-OL1502
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The Act says: A landlord can only charge a tenant up to 5% of the rent as a late fee. If a tenant receives a rent subsidy, the late fee has to be calculated based on the tenant share of the rent. A landlord cannot charge a late fee until the rent is at least 5 days late.
§ 66.1015). Late Fees: There are no statutory limits on late fees in Wisconsin. Grace Period: There is no mandatory grace period in Wisconsin. NSF/Bounced Check Fee Maximum: Wisconsin has no statutory limits on fees charged for a bounced rent check.
Creditors legally can't charge excessive late fees, which means they must be reasonable, although what constitutes a "reasonable" fee is open to debate. In most cases, late fees typically range between $25 and $50. Some creditors may provide a grace period before they impose the late fee.
Wisconsin landlords can charge $20 or 20% of the monthly rent, whichever is greater, after the fifth day of rent nonpayment. However, you can charge a higher late fee if you can prove it's ?reasonable.?
Late Fees and the Law in Wisconsin If you have been charged late fees in excess of $10 (or 5% of the missed payment, whatever is greater), your creditor may have broken the law. Under those statutes, a consumer can actually sue their lender for this violation.
Month-to-month tenants may be given either a written ?5-Day Quit or Pay Rent Notice? or a 14- day written notice to vacate the property. 5-day Notice. This written notice from the landlord gives the tenant five days to pay rent or move out within the five days. If the tenant pays, the tenancy continues.
Removal from premises The landlord may not confiscate your personal belongings, turn off your utilities, lock you out of your apartment, or use force to remove you. If the small claims court judge rules in the landlord's favor, the judge may issue a court order requiring you to leave the property.