Real Estate

Is it Legal to Charge a 5 Percent Late Fee for Rent?

By on April 1, 2015 in Real Estate with 0 Comments
Is it Legal to Charge a 5 Percent Late Fee for Rent?

In a word, NO. At least in California. Printed form leases for apartments and other residential real estate almost always have a clause that adds on a late fee for rent, often in the range of 5 to 6 percent.  In California, many landlords use one of the standard lease forms provided by the California […]

Continue Reading »

Top