I've heard two answers. One, if it's in the lease agreement, then you must pay.
But then I see that there has been case law that clarifies a statute which prohibits late fees. (See link below) Which is it??? And have I been screwed?
http://www.caltenantlaw.com/LateFees.htm
2007-01-04 03:41:49 · 4 answers · asked by trer 3 in Business & Finance ➔ Renting & Real Estate
makes the late fee void unless: (1) the parties agree to it [meaning it's in the rental agreement]
You actually answered your own question. If it is in the lease agreement and you signed it, its legal.
Every landlord has late fees. If they didnt, the tenant could pay their rent when ever they wanted and screw the LL.
Your rent is due on the 1st, pay it by the 1st. If not, pay the penalty. Same as the credit card companies, your car payments, and your mortgage payments (if you own a house). Why would rent be any different?
2007-01-04 05:52:45 · answer #1 · answered by kimmamarie 5 · 0⤊ 0⤋
As far as I know, if it says that a late fee will be charged in your lease, then you have to pay it. It's a contract you signed with the landlord. Our is $85 which is just outrageous.
2007-01-04 11:44:41 · answer #2 · answered by Anonymous · 2⤊ 0⤋
Check your lease agreement. If it has something in there about late fees, then you cna't complain because you signed the contract. If it doesn't then I would start to question.
2007-01-04 11:50:36 · answer #3 · answered by Rell Smooth 3 · 2⤊ 0⤋
If it is in the lease agreement you must pay. Even if they aren't supposed to charge you by law, if you say you will pay them in your lease you are legally bound to that agreement.
2007-01-04 11:51:24 · answer #4 · answered by ♥ Emily ♥ 5 · 2⤊ 0⤋