Late fee
A charge for paying rent after the due date, capped or conditioned by some states.
Some states limit when a late fee can be charged and how much it can be.
Late fee by state
| State | Rule | Statute |
|---|---|---|
| New York | Only after 5 days late; no more than $50 or 5% of monthly rent, whichever is less | RPL §238-a(2) |
| Texas | Written lease, reasonable fee, rent unpaid two full days; 12% (≤4 units) or 10% (>4 units) is treated as reasonable | §92.019 |
Definitions and rules come from each state’s official statute text. This is general information, not legal advice. All terms