Late fees, fairly
The law does not set a late fee for rent; only charge one that is written in the agreement. Keep it modest, give a few days' grace, add it once, and be ready to waive it when a tenant has a good reason.
Days late and the fee owed, fixed, daily or as a percent, from the due date and the day the rent was paid.
Late fee
The law does not set a late fee for rent; only charge one that is written in the agreement. Keep it modest, give a few days' grace, add it once, and be ready to waive it when a tenant has a good reason.
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Start freeSaved in this browser only, nothing is uploaded. A plain-language starting point, not legal advice.