Contract check · Residential lease

How much can a landlord charge for a late fee in New York?

The short answer

New York's Housing Stability and Tenant Protection Act of 2019 (HSTPA) generally caps residential late fees at $50 or 5% of monthly rent, whichever is less, and provides that rent cannot be considered late until five days after it is due — as reported in the New York Attorney General's official HSTPA summary. The cap applies to all residential rentals with limited exceptions. Your lease's late-fee clause is what actually applies to your tenancy, and labels vary. Scan it to see the fee amount and grace period before you sign.

Jurisdiction focus: NY — rules differ in other states.

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What the late-fee clause usually does

The late-fee clause names the fee amount, when it can first be charged, and sometimes whether it compounds or stays flat. Under New York's HSTPA framework as described by the NY Attorney General, a fee cannot be charged until rent has gone unpaid for more than five days after the due date, and the maximum is $50 or 5% of monthly rent — whichever is less.

Some leases name a dollar amount, others a percentage. When your rent is low, the $50 ceiling is what matters; when rent is high, the 5% ceiling kicks in first. What your lease says is the starting point for understanding what applies to your tenancy.

Why people worry

Tenants report discovering late-fee clauses they never noticed until rent ran a few days behind, sometimes with dollar amounts well above what the statutory cap allows. The practical concern is whether the fee stated in the lease lines up with the cap — and whether daily or recurring fees appear anywhere in the language.

What to look for in your lease

Questions to ask before signing

Why scan instead of guess

The general rule tells you the baseline. Your lease tells you what you’re actually being asked to sign — and the wording is what binds. Dang reads the document and flags the clauses worth reviewing, in plain English.

The deterministic engine scores and decides what’s risky. The AI only enriches the plain-English wording — AI extracts, code decides, never the other way around.

For leases, Dang checks common statutory risk areas such as security deposit caps, entry notice, late-fee limits, deposit return deadlines, and deposit interest using jurisdiction-specific source tables; where a state has no statutory rule, findings are labeled as benchmark-based.

Your original file is deleted promptly after processing — we keep only the report you can read. No account needed for a one-time scan. Free preview first; full report $6.99, one-time.

Common questions

Does the cap apply to all rental units in New York?

The NY AG's HSTPA summary describes the cap as applying to residential rentals generally, with limited exceptions. Whether a specific tenancy falls within any exception depends on the situation — worth confirming before relying on the cap.

Can a landlord charge a late fee on day one after rent is due?

The HSTPA framework as described by the NY AG generally prohibits charging a late fee until rent is more than five days past due. What your lease says about the grace period is also worth checking.

Sources