The rule
- Grace period
- 5 days
- Cap
- 5% of the rent due
- Grace period
- No late fee until rent is more than 5 days late (or any longer grace period in the lease), and only if the written lease states the maximum fee.
- Limits on the fee
- Charged only once per late payment; no interest on late fees, and a tenant cannot be evicted for unpaid late fees.
Last reviewed September 30, 2026
Not legal advice. Statutes change; check the linked section.