California  |  Real Estate Law

Legal Question

Asked on: 9/24/13, 7:38 pm

I'm looking into an article I came across online regarding landlords charging "late fees: on rent as high as $50 a day per day that it is late. The article referenced "1671. Validity of Liquidated Damages Provisions " and used the case Orozco v. Casimiro that the appeals court said late fees were under Liquidated Damages. Am I interpreting this correctly that the "late fee" would then fall under "3302. Money Payable With Interest" and the amount the landlord is charging is illegal?

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