2013-04-05
It seems the concept of a seven day grace period for payment of rent goes back to past centuries, when people who were habitually on time for
their obligations, were allowed some leeway due to funds being transferred by ox-wagon or on horseback, depending on the size of the transaction.
Then, due to occasional unforeseen circumstances, on a rare occasion, such a person could avoid a penalty for being late and maintain their
reputation for timeliness. As such conditions have long ceased to exist, there is no legal right afforded to the tenant to make his or her rental
payment by the 7th of the month.