Landlord Question and Answer Forum

I have rental properties in GA. How many times can you raise the late payment.
DomGil P, GA on Monday, April 8, 2019
RE: Late Fee
The late payment should be spelled out in the lease. You can change it every time you renew the lease or with 30/60 days notice if it is a month to month. Most places you can not raise it to a point that could be considered usury. I think 10% of the rent is usually good. I also like the $10 dollars a day idea that way it keeps increasing the longer they take and it puts a time pressure to pay quickly.
Posted by Scott H, VA on Thursday, April 11, 2019
RE: Late Fee
Looks like some places limit to 5% here is more info: https://www.verticalrent.com/entry/rent-payment-late-fees-by-state-know-thy-law
Posted by Scott H, VA on Thursday, April 11, 2019
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