r/Eugene • u/danielediabla • 2d ago

$200 late fee on $2000/month rent

This amount seems very unreasonable to me. That’s 10% of my rent. 5% seems much more reasonable. I’ve lived here for 2 years and have never been late with rent but somehow I totally spaced making my payment until 5 days after rent was due.

UPDATE: I took some of ya’lls advice and emailed property management and got the fee waived! Thanks for all of the help :)

9 Upvotes

57% Upvoted

View all comments

27

u/Slut_for_Bacon 2d ago

I mean, the late fee amount is in your lease. Either the landlord is charging more than what is in your lease, or you signed a lease agreeing to pay 200 for a late fee.

3

u/danielediabla 2d ago

Yes I did look at my lease and it is $200. I never had a reason to look at it until now. That wasn’t really my point to my post though. I was just wondering if anyone else thought this was unreasonably high.

31

u/geneva_illusions 2d ago

I'm sorry... But you had every reason to look at it. You signed a legally binding contract.

3

u/RosellaDella93 2d ago

A "legally binding contract" isn't legally binding if parts of it are illegal, actually. Oregon law states (ORS 90.302) that 5% is the cap for late fees. He needs to take his contract and go report his landlord.