Posted by consigliere on February 24, 2002 at 14:54:12:
In Reply to: late rent fees posted by Chris on February 24, 2002 at 13:39:31:
If your apartment is rent controlled, and not rent stabilized, neither you nor the landlord probably has a copy of a lease. Therefore, the landlord can't prove that there is a provision for late fees.
If there is a lease, does it have a provision for late fees? If so, what is it? The courts generally will not allow a late fee of more than 4% or 5%.
: I am a rent controlled tenant living in a building built in 1904 in Manhattan.
: My LL imposes a $50 fee for rent payments given after the 7th of the month. Is this amount legal?
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