Mobile Home Park Late Fee Calculator
Calculate late fees with state-specific caps and grace periods.
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Late fee basics
Late fees in mobile home parks are governed by the lease (which sets the specific amount or formula) and by state statute (which often caps the maximum). The fee must be a reasonable estimate of the operator's actual loss — courts have invalidated late fees that look like punitive penalties.
State caps on late fees
Several states cap late fees — some with flat dollar limits, some as a percentage of rent, some under a general reasonableness standard — and some require a grace period before a fee can be charged. These rules change and vary by tenancy type, so verify your state's current statute (and your lease) before setting or charging a late fee.
Daily late fees vs flat fees
Some states allow a daily late fee (e.g., $5/day after the grace period). Others allow only a one-time flat fee. Read your state's statute carefully — applying a daily fee where it's prohibited can void the entire late-fee provision in court.
Always confirm your specific late-fee policy with an attorney licensed in your state. This calculator is a starting point, not legal advice.