Late Fees on Top of Late Fees
My question involves landlord-tenant law in the State of: Nevada
Due to circumstances beyond my control it was necessary to pay my monthly rent 2 days late, which incurred a $100 late fee. While the rent was paid in full, I explained that the late fee could not be paid until the following pay day, which the manager accepted. Now, over a week later, I receive a written notice that although the late payment arrangement regarding the late fee was accepted, a $5 per day late fee is being imposed on the late fee itself. I question whether this is legal. As charges are mounting, I would very much appreciate a response ASAP. Thank you.
Re: Late Fees on Top of Late Fees
What is the exact language of your lease pertaining to rent due dates, grace periods and late fees.
Re: Late Fees on Top of Late Fees
The lease is inaccessible until Monday, but neither of us recalls any mention of a $5 per day late fee - in addition to a $100 late fee - which we'd have questioned, as we went through the extremely lengthy agreement with a fine-toothed comb and asked for clarification on all points that were either unclear or seemed unreasonable. Such a condition would have sent up red flags. As soon as I can review the agreement, will provide the info. I might be able to understand a $5 per day penalty on unpaid RENT - but, the rent is paid in full. This charge is being imposed on a late fee, which is beyond comprehension.
Re: Late Fees on Top of Late Fees
Charging late fees on late fees could be a violation of the state "usury" laws.