Both Parties agree that the Tenant shall pay rent on the (specific date, i.e., first or last day) of the (week, month, etc.) and in the amount of (add rent amount). If a rent payment is late, Tenant may be required to pay a discretionary late fee in the amount of (add amount). The Tenant will make payment in the form of (check, online transfer, automatic bank withdrawal, etc.). Payments shall be made to (name to be put on the check or email address for online transfer).