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.
OTHER METHODS. DAILY AMOUNT-The landlord may charge a daily amount as a late fee ($10 per day, as an example). SIMPLE INTEREST-The Landlord may be able to charge simple interest, which is a percentage (use 6% as an example) of the rent that due.OW MUCH SHOULD THE LATE FEE BE. Since not all states regulate LATE RENT PAYMENT FEES, it is up to the landlord to decide how much to charge. The general rule of thumb is a REASONABLE or FAIR fee, regardless of which method is used.