The rule
- Grace period
- None required
- Cap
- 5% of the rent for each rental period in default
- Grace period
- No statutory grace period. The fee must be in the rental agreement and noticed by the end of the next rental period.
- Limits on the fee
- Cut from 10% effective June 20, 2025 (Laws 2025, ch. 122, SB 267). Calculated on rent only, not deposits, fees or utilities.
Last reviewed September 30, 2026
Not legal advice. Statutes change; check the linked section.