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Posted by Christine Stiffler on July 29, 2000 at 16:47:31:

I live in a rent stabilized apartment in Manhattan. Last month, my rent payment bounced and by the time it was re-deposited and cleared, it was late. Now my landlord is charging me $25.00 for the bounced check and $25.00 because the payment was late. Does he have the right to do that? Are there any guidelines as to the maximum he can charge me for late payments and bounced checks? Fifty dollars just seems like a big fee for one mistake. Chris

Follow Ups:

• Re: Late Charge and Bounced Check Charge Mark Smith 07/29/00 (0)

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: I live in a rent stabilized apartment in Manhattan.  Last month, my rent payment bounced and by the time it was re-deposited and cleared, it was late.  Now my landlord is charging me $25.00 for the bounced check and $25.00 because the payment was late.  Does he have the right to do that?  Are there any guidelines as to the maximum he can charge me for late payments and bounced checks?  Fifty dollars just seems like a big fee for one mistake.  Chris


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