So.
We have been renting our apartment for about 5 years; the first year was under lease, but since then we have been on a month-to-month basis. Our former landlord (the elder Mr. Chin) has decided that landlording is no longer what he wants to do, and has passed ownership of our building to his son.
The elder Mr. Chin had everyone paying at different times of the month depending on when they took residence; our rental due date, for example, was the 8th of the month, with a 3-day grace period before 5% late fees were due. This was fine with me; as an employee of the state of CA, I get paid once per month, anywhere between the 28th and the 4th.
The younger Mr. Chin has decided to have most of the business be handled by an apartment management company. Which is good by me, for the most part. We sent our first check to them on 8/3.
Here’s the problem: Per the lady at the management office, on 9/1 we’re all going to be getting new rental agreements from the mgt company. These agreements will take effect on 10/1, and as of that date all rent must be paid on or before the first of the month; on the 2nd, a 10% late fee will incur. For me, that means $150 penalty, which is pretty damn steep.
I tried to explain to her that I need more wiggle room; that my paycheck comes in at an inconsistent time, and that I don’t feel that zero grace period is fair. She reiterated that this is their standard policy for all their renters, and that I can either sign the new rental agreement when it comes out or find a new place to live before 10/1. (I haven’t actually seen the new agreement.) Given my current medical situation, plus the fact that I’m still working and my current apt is only 15 minutes from work, I very much do not want to move.
I talked a bit with the younger Mr. Chin, and he understands and is sympathetic to my situation; he said he will talk with the mgt company, but that he has already signed an agreement with them and may not be able to change things.
Which means I’m totally screwed over if that happens. AAAARRRRGGGGHHHH!!!
I’ve looked and that late policy might be illegal, but nobody is sure about it, and since it is 1) a new owner and 2) I don’t have a lease, I might just be SOL.