late fees
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late fees (by Carol [WI]) Jan 1, 2008 3:17 PM
       late fees (by Sue [WI]) Jan 1, 2008 3:36 PM
       late fees (by ALDO [WI]) Jan 1, 2008 8:56 PM

late fees (by Carol [WI]) Posted on: Jan 1, 2008 3:17 PM
Message:

What is the limit that can be charged for a monthly late fee when a tenant does not pay rent on time? State is Wisconsin. Any help is appreciated.

--71.10.xxx.xxx



late fees (by Sue [WI]) Posted on: Jan 1, 2008 3:36 PM
Message:

I believe that $50 is the maximum amount. --71.143.xxx.xxx



late fees (by ALDO [WI]) Posted on: Jan 1, 2008 8:56 PM
Message:

Late fees aren't addressed in Wisconsin law however, as Sue alluded to, case law in most counties caps late fees at $50. In WI, LL's can charge any amount they wish; but, if late fees are excessive, the courts often will not even award the generally approved $50. --70.92.x.xx



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