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Re: Late Fee -How much do you charge?
by Laura (PA)
on March 25, 2009 @14:21
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I also charge 10% of the rent. Im not sure a daily fee is allowed in my county, but that 10% usually lights a fire under them to pay on time.
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Re: Late Fee -How much do you charge?
by Rick (Texas)
on October 8, 2015 @13:14
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Texas law says that a landlord must give at least one grace day.
Texas law now requires late fees to be in a written lease agreement to be charged, and recognizes that tenants should have a grace period before any late fee can be charged. The grace period is one day at present. So, if your rent was due on the 1st, the late fee cannot be charged until the 3rd day of the month. Section 92.019, Property Code.
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