The rule
- Grace period
- 2 days
- Cap
- 12% of monthly rent (structures with 4 or fewer units) / 10% (more than 4 units), or a higher amount that does not exceed the landlord’s uncertain damages
- Grace period
- No fee until rent remains unpaid two full days after the due date, and the fee must be disclosed in a written lease.
- Limits on the fee
- An initial fee plus daily fees count together as a single late fee.
Last reviewed September 30, 2026
Not legal advice. Statutes change; check the linked section.