Legal Question in Real Estate Law in Indiana
late payment charges
Is it true that late charges are not permitted in IN? I live in an apartment complex where I have been assessed what I would call excessive fees for late payments.
Asked on 4/18/02, 12:16 am
1 Answer from Attorneys
John Bator
Bator Redman & Shive
Re: late payment charges
Late charges are allowed by law in Indiana if you have agreed to them in your lease-each case is fact sensitive-I would need to see your lease to be able to advise as to whether or not you are being overcharged
Answered on 4/18/02, 11:12 am