What is the highest amount a landlord can charge in late fee ny?

Landlord is charging $45 intial fee then $5 everyday is that legal. Has it in lease

Answer:
75
If its in the lease and you signed it, its legal.
If it's in the lease, yes. They can probably charge you as much as they want, as long as it's in the lease, that you signed.
maybe you should pay your rent on time!!
if it's in the lease then yes it's legal.
if its in the lease..
and you signed it ..
meaning you agreed to it..
its legal
hey its on ny everythings legal there
check for your local Landlord Tenant Laws.

Signed contract means ZIP SH*T if it contradicts the law

give this link a look:

http://www.oag.state.ny.us/realestate/te.
Contact the attorny generals office, they may help.
Yes, it's legal
they can charge you an extra months rent if they so choose. i know someone who ended up losing their first last and security by not paying on the first of the month and there was nothing to be done about it this person actually discovered in the lease the rent was to be paid before the first of each month so read very carefully the small print befor signing the lease yes it is true BEFORE THE FIRST OF THE MONTH
Being from boston the only way I can advise you is to go to this site and read up on tenent-landlord rights and responsibilities for the state of NY. Good luck! http://www.tenant.net/faq.txt
It depends on where you are in NY and if your apartment is rent controlled or not.

Just because it is in your lease does not make it legal.

In NY, late fees are permissible for residential leases as long as they are reasonable. Reasonable is usually considered to be somewhere in the neighborhood of 5% of your gross rent. That means if your rent is $500, a "reasonable" late fee would be $25.

You can refuse to pay and let a judge decide if it is reasonable or not.

The answers post by the user, for information only, BAnswer.com does not guarantee the right.

Other Questions and Answers:
  • investigate authenticity of Mc anthony international?
  • What is the ''usual'' penalty for selling a house within 1 year?
  • How can I find out if someone owns property in Ohio?
  • how do you sell subdivide your land to sell it in lots?
  • Is there a site that I can simply put in the Multiple Listing Service number to get information on a house?
  • Real Estate Purchase Contracts?
  • discrimination for age/weight?
  • what do i need to know to put my house up "for sale by owner"? i dont want to use a realtor.?