 late fee (by KH [ME]) Oct 6, 2010 11:32 AM
 late fee (by Tom [ME]) Oct 6, 2010 12:44 PM
late fee (by KH [ME]) Oct 6, 2010 1:29 PM
late fee (by KH [ME]) Posted on: Oct 6, 2010 11:32 AM
Message:
State Specific Question About: MAINE (ME
How much can I legally charge if a tenant is late on rent, and how late do they need to be before I can impose the fee?
It's going to be a month-to-month rental agreement and I will of course spell out the terms in the agreement.
--166.231.xx.xx |
late fee (by Tom [ME]) Posted on: Oct 6, 2010 12:44 PM
Message:
Not sure you can legally charge a late fee in Maine. I never have.
There was a time I would inflate the rent at lease signing time and offer that amount as a "discount" for prompt payment. Till somebody got pssed about it then I quit doing it. --76.178.xxx.xxx |
late fee (by KH [ME]) Posted on: Oct 6, 2010 1:29 PM
Message:
I guess I just answered my own question... Just found this information: Thanks for your responses!
Can my landlord charge interest on a late payment of rent?
Yes. If you do not pay your rent within 15 days after it is due, your landlord can charge a late fee. The fee cannot be more than 4% of one month's rent.
--166.223.xxx.xxx |
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