Late Fees

A landlord may impose, pursuant to a rental agreement, a late charge on any rental payment five days or more late, of the greater of $15 or 5percent of the rental payment, but no more. A late fee may be imposed only one time for each late rental payment and may not be deducted from a subsequent rental payment so as to cause the subsequent rental payment to be in default.

The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.

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