late fees
Click here for Top Ten Discussions. CLICK HERE for Q & A Homepage
Receive Free Rental Owner Updates Email:  
MrLandlord Q & A
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

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.

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

I believe that $50 is the maximum amount.

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

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

Subject: RE: late fees
Your Name:
Your State:

late fees
Would you like to be notified via email when somebody replies to this thread?
If so, you must include your valid email address here. Do not add your address more than once per thread/subject. By entering your email address here, you agree to receive notification from every time anyone replies to "this" thread. You will receive response notifications for up to one week following the original post. Your email address will not be visible to readers.
Email Address: