Chapter VI: Initial Contracts


Section N: Tenant/Landlord Late Fees

Tenant Late Fees

  • The late fee amount is negotiated by and between the tenant and landlord.
  • The Lease executed between the tenant and landlord must identify the amount of the late fee and the date the tenant rent is considered late.
  • The normally-acceptable late charge amount is $25; however, the late fee can exceed $25 if identified in the Lease (which is signed by both the tenant and the landlord).

Landlord Late Fees

  • The HAP Contract identifies that the landlord is entitled (under certain circumstances) to a MSHDA-paid late fee. (Refer to Chapter XI, for specific information.)