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Hi, grateful for advice: When rent is overdue, where the due date is 15th of every month, the 10% interest claimable from tenant is calculated on a daily or monthly basis. Furthermore, the interest starts calculating from which date. 15th, or after the 7 days grace payment period? Thank you
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1 Answer

Aaron Chong
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Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead. It starts from the 15th onwards in this case.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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