Nebraska Rent Late Fee Calculator

Nebraska law allows landlords to charge late fees for overdue rent, but these fees are subject to a maximum limit and grace periods. Landlords can impose a late fee of up to 10% of the rent, which must be reasonable and agreed upon in the lease agreement. A grace period of 5 days for monthly rent and 3 days for weekly rent is mandated, ensuring tenants have a short period to settle rent without penalties. For monthly leases, late fees cannot exceed $5, and for weekly leases, they cannot exceed $3.(Nebraska Revised Statutes § 76-1414)

In Nebraska, late fees must align with statutory limits and be explicitly mentioned in the lease agreement. The law enforces a 10% maximum on late fees relative to the rent amount, ensuring fees are not excessive. This cap is intended to prevent landlords from imposing punitive charges while allowing them to compensate for late payments.