late fees lease agreement
I pay $425/month on a month to month rental agreement. My agreement states states that if rent is not paid by the 8th of the month there is a $40 late fee. It also says that if rent is not paid by the 15th of the month there is a $100 late fee. My landlord is charging $140 in late fee, is this right?? This is an outragious amount that has kept me late for 3 months now. What can I do about this problem, if so?