Indiana · Late fees

Indiana late fee law

Indiana law sets no dollar or percentage cap on late fees and no required grace period, so your lease sets the terms.

The rule

Grace period
None required
Cap
No set cap
Grace period
No statutory grace period.
Limits on the fee
No statute caps late fees; the lease governs. Local governments may not regulate landlord fees (Ind. Code § 32-31-1-20).

Source: law.justia.com

Last reviewed September 30, 2026

Not legal advice. Statutes change; check the linked section.