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Real Estate & Property Law

: Seattle Landlord-Tenant Attorney

Late Fees Only Limited by Reasonableness Standard

By Scott Eller, Esq.

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There are no statutory limits on late fees on rent in Washington. [1] Late fees have been enforced as liquidated damages. [2] Liquidated damages are favored. [3] Under this analysis the court try to determine the reasonableness of the parties’ estimate of the loss at the time the contract was formed. [4] Relevant factors include [...]

Full post as published by Seattle Landlord-Tenant Attorney on February 16, 2009 (boomark / email).

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