Property Management
Under Connecticut law, what is the maximum late fee a residential landlord may charge for overdue rent?
A$25 flat fee
B$5 per day after a 9-day grace period, or 5% of the overdue rent✓ Correct
C$50 per day
DNo maximum—landlords set their own late fees
Explanation
Connecticut General Statutes § 47a-15a provides that residential landlords may charge a late fee only after a 9-day grace period, and the fee cannot exceed $5 per day or 5% of the monthly rent, whichever is greater.
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