A landlord who continuously accepts late rental payments without collecting the late fee provided in the lease:
A) waives the late fee.
B) will collect the late fee at a later date.
C) is ignorant of the late fee.
D) allows the tenant to repudiate the lease.

Question

Quizplus · Accepted Answer

By continuously accepting late rental payments without collecting the late fee provided in the lease, the landlord is essentially waiving the late fee. This could establish a pattern of behavior that may make it difficult to enforce the late fee in the future.

A Landlord Who Continuously Accepts Late Rental Payments Without Collecting