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What are the possible consequences of late rent payment(s)?

April 26, 2017consequences late payment possible rent s

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What are the possible consequences of late rent payment(s)?

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If a tenant does not pay rent on the date that it is due, Sleepwell can give the tenant a Notice to End a Tenancy Early for Non-payment of Rent (Form N4). This notice gives a tenant who pays rent monthly 14 days to pay the rent due or to move out. If the rent is not paid, and the tenant does not move, Sleepwell can make an application to the Board for an order: -requiring the tenant to pay the rent that is owing, and -evicting the tenant if they do not make the entire payment by a specified deadline If a tenant is often late with the rent, Sleepwell may give a Notice to Terminate a Tenancy at the End of Term (Form N8) for persistently paying rent late. Daily or weekly tenants must be given 28 days notice and in all other cases, the tenant must be given 60 days notice. In this case, Sleepwell can apply to the Board for an order evicting the tenant right after giving the tenant the notice.