Partial Payment and Promissory Note: This is an agreement between a Landlord and Tenant. It states that the Landlord, although not required by law, will accept partial rent as payment in full. He/She will only accept this arrangement if the Tenant continues to make payments toward his/her debt. This form is available for download in both Word and Rich Text formats.
Mesa Arizona Partial Payment Acceptance and Promissory Note for Rent Arrearages
Category:
State:
Arizona
City:
Mesa
Control #:
AZ-LT-18
Format:
Word;
Rich Text
Instant download
Description
How to fill out Arizona Partial Payment Acceptance And Promissory Note For Rent Arrearages?
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FAQ
Under Arizona law, a tenant may be evicted for nonpayment of reasonable late fees which were specified in a written rental agreement after the landlord has provided the tenant with a 5-day pay or quit notice (A.R.S.
A landlord may charge a penalty fee of not to exceed five dollars per day from the due date of the rent for late payment of rent if the payment is not remitted by the sixth day from the due date. D. This section does not limit the landlord's right to evict a tenant pursuant to section 33-1476.
A.R.S. means Arizona Revised Statutes and RPEA means Rules of Procedure for Eviction Actions. The landlord must give the tenant written notice that rent is unpaid, and that the rental agreement will terminate if rent is not paid in 5 days.
Arizona Rules on Late Fees If you don't pay rent when it is due, the landlord may begin charging you a late fee. Under Arizona law, late fees must be set forth in a written rental agreement and must be reasonable.
To end a month-to-month tenancy in Arizona, the landlord must give the tenant at least 30 days' written notice. The notice must inform the tenant that the tenancy will be ending in 30 days and the tenant must move out of the rental unit by then.
§ 33-1314(D). To terminate a month-to-month rental agreement, a landlord or a tenant must give 30 days notice in writing before the next rent payment would normally be due. A.R.S.
Under Arizona law, late fees must be written in the lease agreement and must be reasonable such as 5% of the monthly rent amount.
A landlord may charge a penalty fee of not to exceed five dollars per day from the due date of the rent for late payment of rent if the payment is not remitted by the sixth day from the due date. D. This section does not limit the landlord's right to evict a tenant pursuant to section 33-1476.
A landlord may charge a penalty fee of not to exceed five dollars per day from the due date of the rent for late payment of rent if the payment is not remitted by the sixth day from the due date.
California law states that a late rent fee should be ?reasonable,? though it does not set any restrictions when it comes to a maximum late fee for rent. Generally, a reasonable late rent fee in the state is considered 5% to 10% of the cost of rent, with most California landlords charging 5% for any late rent payments.
