Minn. Stat. Sec. 504B.177 caps late fees on residential rent at 8% of the overdue rent payment and allows a late fee only if landlord and tenant agreed to it in writing. The statute says a late fee may never exceed eight percent of the overdue rent, and the agreement must specify when the fee applies.
Under Minn. Stat. Sec. 504B.177(a), 'a landlord of a residential building may not charge a late fee if the rent is paid after the due date, unless the tenant and landlord have agreed in writing that a late fee may be imposed,' and the agreement must state when the fee will be charged. The statute sets a hard cap: 'In no case may the late fee exceed eight percent of the overdue rent payment.' The 'due date' for this calculation excludes any earlier discounted-payment date in the lease, and a late fee is not treated as interest or liquidated damages. Federal housing-assistance program rules may govern instead where they apply.
A late fee charged without a written agreement, or one exceeding 8% of the overdue rent, is unlawful under Sec. 504B.177; the tenant is not obligated to pay the unlawful portion and may raise it as a defense or seek recovery.
Other ordinances people look up for this city. Green dot = verified primary-source excerpt.
Prior Lake, MN
Prior Lake follows Minnesota Pollution Control Agency noise standards under Minn. Rules 7030.0040. Residential receiving property is capped at L50 60 dBA day...
Prior Lake, MN
Prior Lake has no leaf-blower-specific ordinance. Use is allowed during daytime hours but must stay under Minn. Rules 7030 residential decibel caps and the c...
Prior Lake, MN
Industrial uses in Prior Lake's I-1 General Industrial district must comply with MN Rules 7030.0040 noise limits at the receiving property line. Residential ...
Prior Lake, MN
Installing an EV charger at a Prior Lake residence requires an electrical permit. Level 2 chargers typically need a dedicated 240V circuit installed by a lic...
Prior Lake, MN
Commercial vehicles over standard pickup truck size and equipment trailers are restricted from prolonged residential street and driveway parking under Chapte...
Prior Lake, MN
Prior Lake's fence rules in Chapter 10 require materials customarily used for fencing - wood, vinyl, ornamental iron, chain link. Barbed wire, electrified, a...
See how Prior Lake's late fees & grace periods rules stack up against other locations.
Help us keep this page accurate. If you notice an error or outdated information, let us know.