3 Responses to âWarning against use of Vicks VapoRub in babies and toddlersâ. On January 22nd, 2009 at 9:38 am. Lisa says... I donât think a lot of people realize that Vickâs makes a special vaporub made especially for babies. Itâs called Vickâs BabyRub and it is safe for infants and toddlers.
So, basically, the CRLTO puts a cap on a lessorâs late fees. If the tenantâs monthly rent is $1000, then the maximum late fee that can be charged is $35.00. Thatâs a total, not a daily amount nor an amount that compounds or increases over time.
How Much Will You Charge? The amount of the late fee should vary based on the price of the rental. A $50 charge for a late rental payment is sufficient for a $1000 a month rental. For someone paying $5,000 a month to rent an apartment, a $50 late charge will not seem like much. In this case, something more in the $250 range would be sufficient.