Nevada Statewide Rule
Nevada Rent Late Fee Rules
Key Facts
- Maximum fee
- 5% of periodic rent (NRS 118A.210)
- Grace period
- At least 3 calendar days (tenancies longer than week-to-week)
- Compounding
- Prohibited
- Must be in lease
- Yes: unwritten fees are unenforceable
Summary
NRS 118A.210 caps a Nevada late fee at 5 percent of the periodic rent and requires it to be set out in the rental agreement. For tenancies longer than week-to-week, no late fee may be charged until at least 3 calendar days after rent is due, and fees may not be compounded.
A landlord may charge a reasonable late fee for the late payment of rent as set forth in the rental agreement, but: (a) In a tenancy that is longer than week to week, no late fee may be charged or imposed until at least 3 calendar days after the date that rent is due; (b) Such a late fee must not exceed 5 percent of the amount of the periodic rent; and (c) The maximum amount of the late fee must not be increased based upon a late fee that was previously imposed.
Full Breakdown
NRS 118A.210 allows a 'reasonable late fee for the late payment of rent as set forth in the rental agreement,' subject to two limits: 'In a tenancy that is longer than week to week, no late fee may be charged or imposed until at least 3 calendar days after the date that rent is due,' and 'such a late fee must not exceed 5 percent of the amount of the periodic rent.' The fee must be written into the lease to be enforceable, and the maximum may not be increased based on a previously imposed late fee, meaning fees cannot be stacked or compounded. A landlord who has not included a late-fee provision in the agreement may not charge one.
Violations & Penalties
No specific statutory penalty. A late fee that exceeds 5 percent, is charged before the 3-day grace period, is compounded, or is not stated in the lease is unenforceable, and a tenant may contest or recover the improper charge.
Frequently Asked Questions
What is the maximum late fee in Nevada?
Does Nevada require a grace period before late fees?
Sources
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