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When can a landlord charge a late fee for rent in North Carolina, and how much?
Short answer
Late fees: only when rent is 5 calendar days or more late (day 1 is the day after the due date); up to $15 or 5% monthly, $4 or 5% weekly
When: A late fee may be charged only when rent is 5 calendar days or more late, counting from the day after it was due
If the lease provides for one, a late fee can be charged only when rent is five calendar days or more late, with the first day being the day after the rent was due. For monthly rent the fee may not exceed $15 or 5% of the monthly rent, whichever is greater ($4 or 5% for weekly rent), and it may be imposed only once per late payment.
"to be chargeable only if any rental payment is five calendar days or more late, with the first day being the day after the rent was due." ncleg.gov
"a landlord may charge a late fee not to exceed fifteen dollars ($15.00) or five percent (5%) of the monthly rent, whichever is greater." ncleg.gov
"A late fee under subsection (a) of this section may be imposed only one time for each late rental payment." ncleg.gov
Late fees: only when rent is 5 calendar days or more late (day 1 is the day after the due date); up to $15 or 5% monthly, $4 or 5% weekly Verified
Deadline: A late fee may be charged only when rent is 5 calendar days or more late, counting from the day after it was due
If the lease provides for one, a late fee can be charged only when rent is five calendar days or more late, with the first day being the day after the rent was due. For monthly rent the fee may not exceed $15 or 5% of the monthly rent, whichever is greater ($4 or 5% for weekly rent), and it may be imposed only once per late payment.