Can my landlord charge me a $100 a day late fee on my $679 a month rent?

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Can my landlord charge me a $100 a day late fee on my $679 a month rent?

My apartment complex charged me a $200 fee for being 2 days late on my rent. Is it legal to charge such an excessive late fee?

Asked on January 30, 2012 under Real Estate Law, Ohio

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 9 years ago | Contributor

Most statutes have statutes setting the maximum amount that one can be charged a late fee for rent, typically a percentage of the monthly rent such as 10%.

If your rent is $679, then under your state's statutes perhaps the maximum amount allowed to be legally charged is $67.90. I suggest that you might want to call a landlord tenant attorney about the seemingly excessive rent being charged you for a late fee to see if the $200 amount is in compliance with your state's laws or not.


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