Rent question (grace period falls on holiday) Oregon
June 22, 2014 11:12 AM Subscribe
My friend rents an apartment. According to the lease he signed there is a 4 day grace period before his rent is considered late. (He sometimes pays on the 4th of the month because of when he is paid). This month the grace period involves the July 4 holiday.
posted by naplesyellow to Law & Government (18 answers total)
The Apt Manager office has sent out a memo that rent is due no later than July 3, because the holiday (July 4) falls on a Friday. My friend told me that he will probably be able to do this by paying from savings...but it is just an interesting question about whether or not the Manager is incorrect in demanding payment before the grace period is over.
I tried googling about grace periods and late fees and wasn't able to find much aside from the fact a late fee is not applied in Oregon until after the 4th day. http://www.oregonlaws.org/ors/90.260
Common sense tells me and my friend that in this case the rent would not really be enforceably late until the next business day, July 7, but we are not 100% sure of that. Are we right or wrong? Just curious (and wanting to edifythe office if we are right). Thank you!