Oklahoma's Residential Landlord and Tenant Act, Okla. Stat. tit. 41, sets no statutory cap on late fees and no mandatory grace period for residential rent. Late fees are governed by the lease, so the amount and grace period are whatever the landlord and tenant agreed in writing, subject only to general contract principles.
No statutory requirement in Oklahoma caps residential late fees or fixes a grace period—Title 41 contains no late-fee provision. Because late charges are a matter of contract, the enforceable amount is what the lease specifies, and a tenant who pays late is liable for that agreed charge. Separately, when rent goes unpaid, Okla. Stat. tit. 41 § 131(B) lets the landlord terminate the tenancy if rent is not paid "within five (5) days after written notice of landlord's demand for payment." That 5-day demand period governs eviction timing, not late fees; courts may still scrutinize a late fee that operates as an unreasonable penalty rather than a reasonable estimate of damages.
No specific statutory penalty and no statutory cap. A late fee that functions as an unconscionable penalty rather than a reasonable charge may be challenged as unenforceable under general contract principles.
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