Want to have a survey regarding late fee

I saw different version of late fee charges in lease agreement. Some charges $20 per day, others charge $40 if not paid by 5th, and additional $30 if not paid by 6th. Not sure how you guys handle the late fee in the lease, as well as the actual amount you charged. Is there any limit on the late fee that you can charge? Hope you can share some idea on this.

所有跟帖： 

• not an expert but each state has different laws regarding late f -x2h- ♀ (159 bytes) () 04/17/2012 postreply 13:09:25

• Late fee can be charged only after 30 days later -逍遙流雲- ♀ (0 bytes) () 04/17/2012 postreply 17:27:45

• $50. I would not feel fair if somebody charge me >$50 -nova01- ♀ (0 bytes) () 04/17/2012 postreply 13:18:08