Google Search

TenantNet Forum Archives 1996-2002
Posting and Replies are disabled in all Archives
TenantNet Forum | TenantNet Forum Archives Index

Re: late rent fees

Posted by chelsea on February 24, 2002 at 21:39:14:

In Reply to: Re: late rent fees posted by consigliere on February 24, 2002 at 14:54:12:

When you say the courts generally don't allow late fees of more than 4 or 5 percent, do you mean for rent-regulated apartments or all apartments? I've heard that late fees aren't legal for rent-stabilized apartments, even if in the lease, because the RSL and RSC only allow legal regulated rent, period. But I haven't had any direct experience on this point, so I'm not sure.

: 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?

Follow Ups:

Note: Posting is disabled in all archives
Post a Followup

Name    : 
E-Mail  : 
Subject : 
Comments: Optional Link URL: Link Title: Optional Image URL:


TenantNet Home | TenantNet Forum | New York Tenant Information | Contact Us
DHCR Information | DHCR Decisions | Housing Court Decisions | New York Rent Laws |

Subscribe to our Mailing List!
Your Email      Full Name