Landlord Question and Answer Forum
What is the maximum amount of initial late fee allowed in Florida? Can additional late fees be charged daily?
Amanda N, FL on Friday, May 15, 2009
RE: Late Fees
I don't know that Florida puts a limit on rental late fees, other than general provisions that the landlord not charge unreasonable fees.
Most states that DO limit late rent fees generally put the cap at 5-10% of the total rent amount.
Best of luck!
Posted by
Ralph F, CA
on
Friday, May 15, 2009
RE: Late Fees
The Florida Landlord Tenant Act does not address late charges or late fees charge by a landlord to a tenant for late rent. No limitations are put on the landlord in charging these amounts. A typical lease will have a specific amount due as a late fee/charge if rent is not paid by a specific date, usually the 5th of the month. a good rule of thumb to follow is "reasonable cost". This means a charge should be somewhat relevant to the costs incurred by the lalte payment.
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on
Saturday, May 16, 2009
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