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

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

by Bennett Yankowitz | Apr 1, 2015 | Real Estate

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...
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