Florida  |  Business Law

Legal Question

Asked on: 12/13/07, 10:27 am

Late Fee Max Allowable

I own a business in florida and rent office space. My landlord sent a notice that a late fee of 10% and the maximum allowable daily interest rate for each day past due will be due if rent is not paid by the 5th. What is the maximum late fee they are allowed to charge and when can they charge it.

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