Submitted by MailsDavis t3_10om1fh in personalfinance
Siferatu t1_j6hsmlo wrote
Reply to comment by atatatatata in Is prepaying your rent a smart idea? by MailsDavis
What state? Here in PA rent is "due" the 1st but there's a legal 5 day grace period so legally it's due on or before the 5th.
My online rent portal doesn't get updated with the bill until the 20th - 23rd. Couldn't pay in advance even if I wanted to.
atatatatata t1_j6j91no wrote
Yes, there's a 5 day grace period here in WA as well, I even got a lease amendment about it, but I worry less about lapsing for 5 days and more about situation where I get into a car accident and am in a hospital for a week. The lease agreement language is very harsh - if you miss a payment, and lease office can decide to be shitty, they can "accelerate" the entire lease and make me pay 6+ months at once. I'd rather keep that month prepaid so there's less chance of this happening.
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