Does the tenant owe the landlord a late fee if the rent is not paid on the date specified in the lease?
Not unless a late fee is specified in the written lease. Some municipal ordinances restrict the amount of late fees that a landlord may charge. State courts have also ruled that such a fee may be charged to cover the damages incurred by the landlord, but cannot be so large as to constitute punishment. Only the government has the right to punish or penalize someone for misconduct.
>>What are the most important lease clauses from the point of view of landlords?
>>What are the most important lease clauses for tenants?
>>Can the landlord enter a tenants premises without notice?
>>Does the tenant owe the landlord a late fee if the rent is not paid on the date specified in the lease?
>>Is the landlord liable for the damages incurred by a tenant who was injured because of inadequate maintenance of the property?
>>Can the tenant, with the landlord's consent, operate a business out of the rented premises?
>>Whose improvement is it?
>>What does "right of quiet enjoyment" of the premises mean?
>>So what about noise?
>>Is renting a condo unit different under the law?
>>In a legal dispute between the landlord and the tenant, does the tenant have to pay the landlord's attorney's fees?