Late Rent Fee Policy

Summary

In New Mexico, landlords can charge late fees if rent is not paid on time, as long as the lease agreement specifies the terms. Review your lease agreement for clarity on when late fees will be charged.

Full Conversation

I am wondering if my landlord can continue to charge late fees on rent even though I paid it but it just hasn't hit their account yet
Hello **** ****, the legality of your situation largely depends on the region you're in. Could you please provide your location? This will help me provide more accurate information.
New Mexico
Hello ****, in New Mexico:
- If rent is not paid on time, the landlord can charge a late fee.
- However, the lease agreement should clearly state when the late fee will be charged.
- Please review your lease agreement for clarity.