Late Rent Fee Limits

Summary

In New Jersey, theres no statutory limit on late rent fees, but they must be reasonable. The 5% limit you saw might be a guideline. Weekends and holidays are included in the grace period, so if the last day falls on a weekend or holiday, tenants have until the next business day to pay. Consult a legal professional for personalized advice.

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I TALKED WITH YOU EARLIER I JUST NEED TO KNOW WHERE YOU REFFEREDE TO TO GET LEGAL HELP BUT FOR FREE
Hello Carol, I apologize for any confusion. I might have referred you to a legal aid clinic or an online legal resource. Can you please tell me your location so I can provide the most relevant information?
my location is Atlantic city NJ and I need it because landlord is over charging for lrent late fee when I was told it can't exceed *% of rent in NJ ... but they are charging *%
In New Jersey, there's no statutory limit on late rent fees. However, they must be "reasonable". If you feel it's excessive, you can:
- Speak to your landlord about it.
- Consult with a local legal aid office, like South Jersey Legal Services, Inc.
Phone: (*) *-*
Website: www.lsnj.org/SJLS/
I was told by another attorney and saw online that it cannot exceed *% I was told that on this site so which is it can they or can they not when you look it up it says no more than *% I Need to know the correct answer
In New Jersey, there's no specific law limiting late rent fees. They must be "reasonable". The *% you've seen might be a guideline or recommendation. You can dispute excessive fees legally. Consider consulting with a legal professional for personalized advice.
so what would be excessive ? and my rent was due on the first of the month ... but grace period to the 5th ... the fifth fell on a Sunday so should I have been charged for late fee for paying on the * in which was Mon. does grace days include weekends I am getting to many different answers I was told that because the 5th was on a sun ... Monday should have been acceptable please give me the right answer
In New Jersey, weekends and holidays are included in the grace period. If the last day falls on a weekend or holiday, the tenant has until the next business day to pay. So, you should not have been charged a late fee for paying on Monday.