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Candor, NY Late Fee Limits 2026

Late fees in Candor are capped at 5% of rent ($55 at median rent). Charge more and tenants sue to recover — courts void excessive fees regardless of what the lease says.

In New York, late fees must be reasonable and proportional to actual damages from late payment. The cap is 5% of rent. A 5-day grace period applies.

Key Takeaways — Candor Late Fee Limits

  • Key rule: 5% Max or Tenants Sue
  • Violation risk: face a lawsuit

Late Fee Limits in Candor

Candor landlords must follow New York state law on late fee limits. Understanding the specific rules, deadlines, and penalties can prevent costly violations.

$1,103

median 2BR rent

5% Max or Tenants Sue

key requirement

Penalty Warning

Violate New York late fee limits rules in Candor and you could face a lawsuit. At Candor's median rent of $1,103/month, even a single violation adds up fast.

Don’t risk it. Let LeaseBase handle the compliance.

LeaseBase automatically calculates legal maximums, enforces grace periods, and generates compliant fee notices — so you never miss a deadline.

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Late Fee Limits in Nearby Cities

Own properties in multiple cities? Rules may differ locally:

Owego, NY
Pop. 4,096
Spencer, NY
Pop. 700
Newark Valley, NY
Pop. 903
Nichols, NY
Pop. 456
Endicott, NY
Pop. 13,211

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How we researched this page: Late fee limits rules are based on New York state statutes. Rent data comes from HUD Fair Market Rents (FY2026) for Tioga County. Last updated: August 2026.
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Reviewed by Rachid Abadli

Founder & CEO, LeaseBase · Sacramento landlord · Self-managing since 2019

LeaseBase is a property management platform — not a law firm. Consult an attorney for legal advice specific to your situation.