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Updated over 9 years ago on . Most recent reply

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113
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Robert Ruiz
  • Investor
  • Lake Charles, LA
36
Votes |
113
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Late Fee Louisiana

Robert Ruiz
  • Investor
  • Lake Charles, LA
Posted

I am currently charging a Late fee of $35 on my Tenants, but they seem to always be late. I am thinking of going up to $50 to help motivate them to be on time. 

What is the legal maximum rate for a late fee in the State of Louisiana? From what i read on the web, there is no maximum...

Thanks

Most Popular Reply

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1,468
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914
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Robert Leonard
  • Investor
  • Lafayette/Baton Rouge, LA
914
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1,468
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Robert Leonard
  • Investor
  • Lafayette/Baton Rouge, LA
Replied

Whatever you change in your lease, make sure you get your attorney's approval.  

https://legis.la.gov/Legis/Law.aspx?d=107495

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