how many days late can landlord charge a late fee?
Asked on 3/23/10, 2:28 pm
1 Answer from Attorneys
John Corbett
Corbett Law Firm LLC
New Jersey mandates a five business day grace period for rent payment during which late charges cannot be assessed. Many leases use ten calendar days for convenience. N.J.S.A. 2A:42-6.1. ¶ See also: http://info.corbettlaw.net/lawguru.htm
Answered on 3/28/10, 3:06 pm
